Plan Snapshot
- Plan Sponsor: Folk Oil Company, INC.
- Sponsor EIN: 381966492
- Sponsor Address: 203 W MAIN, HOMER, MI, 49245
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 280
- Total Assets: $10.1M
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. |
|---|
| 2023 | 280 | $10.1M | $201,592 | $443,471 |
| 2022 | 267 | $7.5M | $192,691 | $392,748 |