# Summa Energy Corp 401(k) Plan
Source: https://planprovider.pro/companies/summa-energy-corp-401k-plan

> Summa Energy Corp's 401(k) plan: 10 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|

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