# Westmaas Electric Company 401(k) Plan
Source: https://planprovider.pro/companies/westmaas-electric-company-401k-plan

> Westmaas Electric Company's 401(k) plan: 50 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Westmaas Electric Company

- **Sponsor EIN:** 382270063

- **Sponsor Address:** 3025 SANGRA AVE SW, GRANDVILLE, MI, 494181153

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

- **Total Participants:** 50

- **Total Assets:** $2.0M

## 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|50|$2.0M|$90,616|$190,954|

| 2023|44|$1.8M|$0|$101,275|

| 2022|42|$1.7M|$0|$89,417|

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