# Herter Music Center INC. 401(k) Plan
Source: https://planprovider.pro/companies/herter-music-center-inc-401k-plan

> Herter Music Center INC.'s 401(k) plan: 16 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|

## Similar Plans

- [Luck'S Music Library](https://planprovider.pro/companies/luck-s-music-library-401k-plan) — 15 participants

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