# Towsleys, INC. 401(k) Plan
Source: https://planprovider.pro/companies/towsleys-inc-401k-plan

> Towsleys, INC.&#39;s 401(k) plan: 70 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Towsleys, INC.

- **Sponsor EIN:** 391569410

- **Sponsor Address:** 1424 DEWEY STREET, MANITOWOC, WI, 54220

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

- **Total Participants:** 70

- **Total Assets:** $4.1M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **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|70|$4.1M|$168,912|$367,679|

| 2023|62|$3.3M|$146,573|$311,935|

| 2022|57|$2.5M|$127,247|$262,731|

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