Plan Snapshot
- Plan Sponsor: The Penrod Company
- Sponsor EIN: 541401642
- Sponsor Address: 272 BENDIX ROAD SUITE 550, VIRGINIA BEACH, VA, 23452
- Plan Type: 401(k)
- Total Participants: 30
- Total Assets: $4.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 30 | $4.3M | $85,950 | $246,722 |
| 2023 | 30 | $3.6M | $78,369 | $240,252 |
| 2022 | 29 | $2.8M | $69,762 | $223,690 |