# Westmark Electronics 401(k) Plan
Source: https://planprovider.pro/companies/westmark-electronics-401k-plan

> Westmark Electronics&#39;s 401(k) plan: 12 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Westmark Electronics

- **Sponsor EIN:** 911228655

- **Sponsor Address:** 1750-112TH AVE NE, BELLEVUE, WA, 98004

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

- **Total Participants:** 12

- **Total Assets:** $4.6M

## 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|12|$4.6M|$12,000|$144,526|

| 2023|9|$3.7M|$8,438|$117,353|

| 2022|8|$2.9M|$8,000|$109,202|

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