# Sippin Bros. Oil Co., INC. 401(k) Plan
Source: https://planprovider.pro/companies/sippin-bros-oil-co-inc-401k-plan

> Sippin Bros. Oil Co., INC.'s 401(k) plan: 54 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Sippin Bros. Oil Co., INC.

- **Sponsor EIN:** 060722237

- **Sponsor Address:** 234 MAIN ST, MONROE, CT, 06468

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

- **Total Participants:** 54

- **Total Assets:** $5.7M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **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|54|$5.7M|$123,587|$471,836|

| 2023|59|$5.7M|$126,629|$458,631|

| 2022|53|$4.5M|$118,985|$402,247|

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