Plan Snapshot
- Plan Sponsor: Summit Electrical, INC.
- Sponsor EIN: 811595559
- Sponsor Address: 9180 BROWN DEER ROAD, SAN DIEGO, CA, 92121
- Plan Type: 401(k)
- Total Participants: 69
- Total Assets: $1.5M
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 | 69 | $1.5M | $118,986 | $230,176 |
| 2023 | 46 | $1.1M | $83,409 | $207,584 |
| 2022 | 40 | $704,533 | $68,014 | $181,828 |