Plan Snapshot
- Plan Sponsor: Wellen Construction INC
- Sponsor EIN: 042851356
- Sponsor Address: 2 PARK CENTRAL DRIVE, SOUTHBOROUGH, MA, 01772
- Plan Type: 401(k)
- Total Participants: 39
- Total Assets: $2.8M
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 | 39 | $2.8M | $93,996 | $224,225 |
| 2023 | 37 | $2.6M | $66,526 | $150,297 |
| 2022 | 37 | $2.6M | $100,258 | $209,773 |