# Southern Electrical Equipment Company, INC. 401(k) Plan
Source: https://planprovider.pro/companies/southern-electrical-equipment-company-inc-401k-plan

> Southern Electrical Equipment Company, INC.'s 401(k) plan: 116 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|

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