Plan Snapshot
- Plan Sponsor: W5 INC.
- Sponsor EIN: 753040477
- Sponsor Address: 3211 SHANNON ROAD, DURHAM, NC, 27707
- Plan Type: 401(k)
- Total Participants: 15
- Total Assets: $3.5M
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 | 15 | $3.5M | $43,426 | $108,288 |
| 2023 | 12 | $2.6M | $31,791 | $75,849 |
| 2022 | 14 | $1.9M | $37,261 | $96,783 |