Plan Snapshot
- Plan Sponsor: Velasmith Enterprises, INC.
- Sponsor EIN: 851423980
- Sponsor Address: 1011 SURREY LANE,, FLOWER MOUND, TX, 75022
- Plan Type: 401(k)
- Total Participants: 6
- Total Assets: $115,049
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|
| 2024 | 6 | $115,049 | $0 | $0 |
| 2023 | 1 | $63,445 | $0 | $481 |
| 2022 | 1 | $93,254 | $1,088 | $1,088 |