Plan Snapshot
- Plan Sponsor: Fd Hayes Electric Company, INC.
- Sponsor EIN: 381805603
- Sponsor Address: 2301 BEAL AVENUE, LANSING, MI, 48910
- Plan Type: 401(k)
- Total Participants: 11
- Total Assets: $1.6M
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 | 11 | $1.6M | $25,199 | $95,754 |
| 2023 | 11 | $1.3M | $24,812 | $91,506 |
| 2022 | 10 | $957,620 | $23,182 | $90,020 |