# Simkins Industries, INC. 401(k) Plan
Source: https://planprovider.pro/companies/simkins-industries-inc-401k-plan

> Simkins Industries, INC.&#39;s 401(k) plan: 13 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Simkins Industries, INC.

- **Sponsor EIN:** 060469480

- **Sponsor Address:** 5080 BISCAYNE BLVD., MIAMI, FL, 33137

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

- **Total Participants:** 13

- **Total Assets:** $6.5M

## 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|13|$6.5M|$61,700|$204,500|

| 2023|14|$6.3M|$61,254|$173,500|

| 2022|10|$5.6M|$62,963|$160,105|

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