Plan Snapshot
- Plan Sponsor: Vector Magnetics LLC
- Sponsor EIN: 161571939
- Sponsor Address: 236 CHERRY ST., ITHACA, NY, 14850
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 31
- Total Assets: $21.2M
Key Plan Design Features
- Auto-Enrollment: No
- 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. |
|---|
| 2025 | 31 | $21.2M | $0 | $0 |
| 2024 | 27 | $19.0M | $116,074 | $273,950 |
| 2023 | 27 | $19.7M | $432,090 | $320,263 |
| 2022 | 25 | $17.1M | $441,563 | $330,429 |