Plan Snapshot
- Plan Sponsor: American Converters, INC.
- Sponsor EIN: 411284688
- Sponsor Address: 5360 NE MAIN ST, FRIDLEY, MN, 554210000
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 135
- Total Assets: $15.0M
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. |
|---|
| 2025 | 135 | $15.0M | $0 | $0 |
| 2024 | 114 | $12.8M | $0 | $355,969 |
| 2023 | 160 | $11.5M | $0 | $306,835 |
| 2022 | 152 | $9.8M | $0 | $275,482 |