# Wellen Construction INC 401(k) Plan
Source: https://planprovider.pro/companies/wellen-construction-co-inc-401k-plan

> Wellen Construction INC's 401(k) plan: 39 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|

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