# Semikron Danfoss INC. 401(k) Plan
Source: https://planprovider.pro/companies/semikron-inc-401k-plan

> Semikron Danfoss INC.'s 401(k) plan: 42 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Semikron Danfoss INC.

- **Sponsor EIN:** 042577840

- **Sponsor Address:** P.O. BOX 66, HUDSON, NH, 03051

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

- **Total Participants:** 42

- **Total Assets:** $0

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** Yes

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

## Plan Financials by Year

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

| 2024|42|$0|$283,103|$410,848|

| 2023|42|$13.1M|$143,748|$442,166|

| 2022|46|$11.1M|$140,727|$431,705|

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