Plan Snapshot
- Plan Sponsor: Bearing Service, INC.
- Sponsor EIN: 381201778
- Sponsor Address: 12320 GLOBE, LIVONIA, MI, 48150
- Plan Type: 401(k)
- Total Participants: 52
- Total Assets: $13.4M
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 | 52 | $13.4M | $138,339 | $382,561 |
| 2023 | 50 | $12.9M | $141,168 | $381,629 |
| 2022 | 52 | $11.3M | $130,055 | $374,473 |