# Walex Products Company, INC. 401(k) Plan
Source: https://planprovider.pro/companies/walex-products-company-inc-401k-plan

> Walex Products Company, INC.'s 401(k) plan: 67 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Walex Products Company, INC.

- **Sponsor EIN:** 561587224

- **Sponsor Address:** 1949 POPULAR STREET, LELAND, NC, 28451

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

- **Total Participants:** 67

- **Total Assets:** $8.8M

## 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|67|$8.8M|$200,049|$307,155|

| 2023|58|$7.5M|$483,416|$291,058|

| 2022|53|$5.9M|$479,608|$280,472|

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