Plan Snapshot
- Plan Sponsor: Vericor Power Systems, LLC
- Sponsor EIN: 223676283
- Sponsor Address: 85 BEECO RD, GREER, SC, 29650
- Plan Type: 401(k)
- Total Participants: 75
- Total Assets: $9.7M
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 | 75 | $9.7M | $544,556 | $683,057 |
| 2023 | 64 | $12.9M | $552,879 | $707,490 |
| 2022 | 70 | $12.4M | $543,728 | $755,016 |