Plan Snapshot
- Plan Sponsor: Sommerfield Industries Incorporated
- Sponsor EIN: 812265429
- Sponsor Address: 1658 FM 2239, GIDDINGS, TX, 789425944
- Plan Type: 401(k)
- Total Participants: 2
- Total Assets: $757,199
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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. |
|---|
| 2024 | 2 | $757,199 | $7,200 | $9,000 |
| 2023 | 2 | $843,492 | $6,900 | $8,625 |
| 2022 | 2 | $745,332 | $9,067 | $11,333 |