# Schultz Softwater, INC. 401(k) Plan
Source: https://planprovider.pro/companies/schultz-softwater-inc-401k-plan

> Schultz Softwater, INC.'s 401(k) plan: 7 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Schultz Softwater, INC.

- **Sponsor EIN:** 411777231

- **Sponsor Address:** 2865 QUAIL ROAD, NE, SAUK RAPIDS, MN, 563799441

- **Plan Type:** 401(k)

- **Total Participants:** 7

- **Total Assets:** $1.0M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|7|$1.0M|$29,039|$35,423|

| 2023|7|$846,575|$28,302|$34,528|

| 2022|6|$667,833|$27,626|$33,784|

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