# Welshs Motor Sales INC 401(k) Plan
Source: https://planprovider.pro/companies/welshs-motor-sales-inc-401k-plan

> Welshs Motor Sales INC's 401(k) plan: 14 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Welshs Motor Sales INC

- **Sponsor EIN:** 222106611

- **Sponsor Address:** 36 DUMONT ROAD, FAR HILLS, NJ, 07931

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

- **Total Participants:** 14

- **Total Assets:** $2.0M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** Yes

- **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|14|$2.0M|$0|$88,108|

| 2023|16|$1.6M|$0|$98,819|

| 2022|16|$1.2M|$75,000|$80,965|

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