Plan Snapshot
- Plan Sponsor: Danvers Motor Company, INC.
- Sponsor EIN: 041231790
- Sponsor Address: 106 SYLVAN STREET, DANVERS, MA, 01923
- Plan Type: 401(k)
- Total Participants: 43
- Total Assets: $4.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|
| 2024 | 43 | $4.2M | $32,342 | $133,705 |
| 2023 | 32 | $3.7M | $31,610 | $131,776 |
| 2022 | 43 | $3.3M | $33,136 | $139,301 |