Plan Snapshot
- Plan Sponsor: Herter Music Center INC.
- Sponsor EIN: 381870088
- Sponsor Address: 901 WASHINGTON AVE., BAY CITY, MI, 48708
- Plan Type: 401(k)
- Total Participants: 16
- Total Assets: $615,396
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 | 16 | $615,396 | $15,781 | $27,086 |
| 2023 | 16 | $615,396 | $15,781 | $27,086 |
| 2022 | 15 | $722,836 | $14,395 | $33,738 |