Plan Snapshot
- Plan Sponsor: Summa Energy Corp
- Sponsor EIN: 823086607
- Sponsor Address: 515 BROAD ST., CLIFTON, NJ, 07013
- Plan Type: 401(k)
- Total Participants: 10
- Total Assets: $1.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 10 | $1.2M | $8,601 | $50,401 |
| 2023 | 6 | $832,720 | $3,740 | $7,480 |
| 2022 | 3 | $782,890 | $0 | $0 |
| 2020 | 3 | $368,769 | $0 | $0 |
| 2019 | 3 | $360,150 | $0 | $0 |