# Young Electric Co. 401(k) Plan
Source: https://planprovider.pro/companies/young-electric-co-plan

> Young Electric Co.&#39;s 401(k) plan: 22 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Young Electric Co.

- **Sponsor EIN:** 942580901

- **Sponsor Address:** 195 ERIE STREET, SAN FRANCISCO, CA, 94103

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

- **Total Participants:** 22

- **Total Assets:** $4.9M

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** Yes

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|22|$4.9M|$115,039|$201,743|

| 2023|19|$5.6M|$106,114|$165,414|

| 2022|21|$5.3M|$107,259|$131,073|

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