# Shinko Electric America, INC. 401(k) Plan
Source: https://planprovider.pro/companies/shinko-electric-america-inc-401k-plan

> Shinko Electric America, INC.'s 401(k) plan: 25 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Shinko Electric America, INC.

- **Sponsor EIN:** 942397279

- **Sponsor Address:** 2077 GATEWAY PLACE, SAN JOSE, CA, 95110

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

- **Total Participants:** 25

- **Total Assets:** $9.7M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **Participant Loans:** Yes

- **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|25|$9.7M|$227,034|$381,323|

| 2023|27|$10.4M|$128,386|$362,877|

| 2022|26|$8.3M|$256,310|$380,923|

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