# Verstraete Conveyability INC 401(k) Plan
Source: https://planprovider.pro/companies/verstraete-conveyability-inc-842262699-001

> Verstraete Conveyability INC&#39;s 401(k) plan: 14 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Verstraete Conveyability INC

- **Sponsor EIN:** 842262699

- **Sponsor Address:** 2889 NORTHRIDGE DR NW, GRAND RAPIDS, MI, 49544

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

- **Plan Number:** 001

- **Total Participants:** 14

- **Total Assets:** $479,695

## 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|14|$479,695|$17,514|$44,392|

| 2023|12|$2.5M|$20,039|$53,687|

| 2022|15|$795,011|$20,389|$54,107|

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