# Verstand Engineering, INC. 401(k) Plan
Source: https://planprovider.pro/companies/verstand-engineering-inc-381654478-001

> Verstand Engineering, INC.'s 401(k) plan: 5 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Verstand Engineering, INC.

- **Sponsor EIN:** 381654478

- **Sponsor Address:** 108 MORGAN ST, FIFE LAKE, MI, 49633

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

- **Plan Number:** 001

- **Total Participants:** 5

- **Total Assets:** $1.5M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **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|5|$1.5M|$0|$19,013|

| 2023|6|$1.6M|$0|$27,584|

| 2022|9|$3.3M|$0|$32,750|

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