Plan Snapshot
- Plan Sponsor: Southern Electrical Equipment Company, INC.
- Sponsor EIN: 560649209
- Sponsor Address: 4045 HARGROVE AVE., CHARLOTTE, NC, 28208
- Plan Type: 401(k)
- Total Participants: 116
- Total Assets: $2.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 116 | $2.7M | $40,611 | $206,656 |
| 2023 | 54 | $2.1M | $35,023 | $237,600 |
| 2022 | 55 | $1.9M | $30,959 | $247,510 |