# Water Heaters Only, INC. 401(k) Plan
Source: https://planprovider.pro/companies/water-heaters-only-inc-401k-plan

> Water Heaters Only, INC.'s 401(k) plan: 70 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Water Heaters Only, INC.

- **Sponsor EIN:** 942575647

- **Sponsor Address:** 970 E. MAIN STREET, GRASS VALLEY, CA, 94945

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

- **Total Participants:** 70

- **Total Assets:** $6.7M

## 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|70|$6.7M|$79,988|$154,515|

| 2023|71|$5.2M|$85,308|$181,880|

| 2022|37|$3.6M|$97,370|$186,370|

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