# Velmont Transportation, INC. 401(k) Plan
Source: https://planprovider.pro/companies/velmont-transportation-inc-401k-plan

> Velmont Transportation, INC.'s 401(k) plan: 8 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Velmont Transportation, INC.

- **Sponsor EIN:** 813841404

- **Sponsor Address:** 775 W PEDER LANE, PALATINE, IL, 60067

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

- **Total Participants:** 8

- **Total Assets:** $235,360

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** Yes

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|8|$235,360|$0|$3,618|

| 2023|5|$93,956|$0|$0|

| 2022|11|$77,755|$0|$0|

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