# The Melton Corporation 401(k) Plan
Source: https://planprovider.pro/companies/the-melton-corporation-401k-plan

> The Melton Corporation's 401(k) plan: 30 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** The Melton Corporation

- **Sponsor EIN:** 811729268

- **Sponsor Address:** 3806 1ST AVE NORTH, BIRMINGHAM, AL, 35222

- **Plan Type:** 401(k)

- **Total Participants:** 30

- **Total Assets:** $410,826

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **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|30|$410,826|$0|$42,493|

| 2023|14|$525,397|$0|$48,422|

| 2022|21|$937,545|$0|$12,564|

| 2017|7|$121,234|$1,524|$1,801|

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