# Somd Insurance And Financial Services, INC. 401(k) Plan
Source: https://planprovider.pro/companies/somd-insurance-and-financial-services-inc-401k-plan

> Somd Insurance And Financial Services, INC.&#39;s 401(k) plan: 2 participants, plan year 2025 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2025.

## Plan Snapshot

- **Plan Sponsor:** Somd Insurance And Financial Services, INC.

- **Sponsor EIN:** 812680110

- **Sponsor Address:** 12865 HG TRUEMAN RD #7, LUSBY, MD, 20657

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

- **Total Participants:** 2

- **Total Assets:** $215,373

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2025|2|$215,373|$0|$0|

| 2024|2|$204,367|$0|$0|

| 2023|1|$155,000|$0|$0|

| 2022|1|$154,775|$0|$0|

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