Plan Snapshot
- Plan Sponsor: Electro-Matic, Ventures, INC
- Sponsor EIN: 381993343
- Sponsor Address: 23409 INDUSTRIAL PARK COURT, FARMINGTON HILLS, MI, 483352849
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 205
- Total Assets: $32.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|
| 2023 | 205 | $32.9M | $324,672 | $1.1M |
| 2022 | 251 | $28.3M | $269,350 | $1.1M |