# Wilmington Shipping Company 401(k) Plan
Source: https://planprovider.pro/companies/wilmington-shipping-company-401k-plan

> Wilmington Shipping Company's 401(k) plan: 24 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Wilmington Shipping Company

- **Sponsor EIN:** 560477767

- **Sponsor Address:** 330 SHIPYARD BOULEVARD, WILMINGTON, NC, 28412

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

- **Total Participants:** 24

- **Total Assets:** $3.3M

## 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|24|$3.3M|$10,856|$27,422|

| 2023|18|$2.6M|$11,216|$28,032|

| 2022|18|$2.4M|$10,399|$26,288|

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