# Summit Electrical, INC. 401(k) Plan
Source: https://planprovider.pro/companies/summit-electrical-inc-401k-plan-001-5559

> Summit Electrical, INC.'s 401(k) plan: 69 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|

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