# Socionext America, INC. 401(k) Plan
Source: https://planprovider.pro/companies/socionext-america-inc-401k-plan

> Socionext America, INC.'s 401(k) plan: 77 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Socionext America, INC.

- **Sponsor EIN:** 471929673

- **Sponsor Address:** 1455 MCCARTHY BLVD, MILPITAS, CA, 95035

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

- **Total Participants:** 77

- **Total Assets:** $35.8M

## 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|77|$35.8M|$1.1M|$2.0M|

| 2023|80|$28.9M|$1.2M|$1.9M|

| 2022|75|$23.1M|$1.1M|$1.7M|

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