Plan Snapshot
- Plan Sponsor: Air Way Automation, INC.
- Sponsor EIN: 382171557
- Sponsor Address: PO BOX 563, GRAYLING, MI, 49738
- Plan Type: 401(k)
- Total Participants: 95
- Total Assets: $12.2M
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 | 95 | $12.2M | $421,043 | $586,383 |
| 2023 | 96 | $10.9M | $990 | $635,759 |
| 2022 | 81 | $8.4M | $553,095 | $521,733 |