# Vector Magnetics LLC 401(k) Plan
Source: https://planprovider.pro/companies/vector-magnetics-llc-plan

> Vector Magnetics LLC's 401(k) plan: 27 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Vector Magnetics LLC

- **Sponsor EIN:** 161571939

- **Sponsor Address:** 236 CHERRY ST., ITHACA, NY, 14850

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

- **Total Participants:** 27

- **Total Assets:** $19.0M

## 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.|

| 2024|27|$19.0M|$116,074|$273,950|

| 2023|29|$19.7M|$432,090|$320,263|

| 2022|27|$17.1M|$441,563|$330,429|

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