Plan Snapshot
- Plan Sponsor: Borroughs, LLC
- Sponsor EIN: 133386744
- Sponsor Address: 3002 N BURDICK ST, KALAMAZOO, MI, 490043458
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 131
- Total Assets: $9.8M
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 | 131 | $9.8M | $0 | $0 |
| 2024 | 114 | $8.5M | $18,401 | $329,066 |
| 2023 | 140 | $8.6M | $40,058 | $394,829 |
| 2022 | 100 | $8.2M | $55,551 | $371,633 |