# Griffit, INC. 401(k) Plan
Source: https://planprovider.pro/companies/griffit-inc-401k-plan

> Griffit, INC.'s 401(k) plan: 7 participants, plan year 2025 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2025.

## Plan Snapshot

- **Plan Sponsor:** Griffit, INC.

- **Sponsor EIN:** 474074733

- **Sponsor Address:** 8081 OLD ORCHARD PLACE, FAIRHOPE, AL, 36532

- **Plan Type:** 401(k)

- **Total Participants:** 7

- **Total Assets:** $842,769

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2025|7|$842,769|$0|$6,267|

| 2024|8|$1.1M|$0|$7,140|

| 2023|8|$957,790|$0|$10,134|

| 2022|9|$1.1M|$0|$5,327|

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