# Solmet Technologies, INC. 401(k) Plan
Source: https://planprovider.pro/companies/solmet-technologies-inc-401k-plan

> Solmet Technologies, INC.'s 401(k) plan: 69 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Solmet Technologies, INC.

- **Sponsor EIN:** 341499502

- **Sponsor Address:** 2716 SHEPLER CHURCH AVE SW, CANTON, OH, 447064114

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

- **Total Participants:** 69

- **Total Assets:** $5.0M

## 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|69|$5.0M|$167,815|$350,561|

| 2023|63|$5.7M|$172,040|$348,036|

| 2022|58|$4.6M|$159,870|$287,831|

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