# The Somerset Club 401(k) Plan
Source: https://planprovider.pro/companies/the-somerset-club-041850150-002

> The Somerset Club's 401(k) plan: 32 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** The Somerset Club

- **Sponsor EIN:** 041850150

- **Sponsor Address:** 42 BEACON STREET, BOSTON, MA, 02108

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

- **Plan Number:** 002

- **Total Participants:** 32

- **Total Assets:** $1.3M

## 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|32|$1.3M|$26,709|$50,493|

| 2023|34|$1.2M|$38,300|$105,021|

| 2022|36|$1.1M|$22,221|$101,852|

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