# Youngberg Industries Incorporated 401(k) Plan
Source: https://planprovider.pro/companies/youngberg-industries-incorporated-401k-plan

> Youngberg Industries Incorporated's 401(k) plan: 61 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Youngberg Industries Incorporated

- **Sponsor EIN:** 362486220

- **Sponsor Address:** 6863 INDY DRIVE, BELVIDERE, IL, 61008

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

- **Total Participants:** 61

- **Total Assets:** $14.3M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **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|61|$14.3M|$500,032|$401,967|

| 2023|67|$12.3M|$250,000|$390,728|

| 2022|69|$10.7M|$241,430|$378,300|

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