Plan Snapshot
- Plan Sponsor: Hooberman Management Company, INC.
- Sponsor EIN: 383564725
- Sponsor Address: 25361 DEQUINDRE ROAD, MADISON HEIGHTS, MI, 48071
- Plan Type: 401(k)
- Total Participants: 8
- Total Assets: $1.1M
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 | 8 | $1.1M | $12,331 | $32,159 |
| 2023 | 4 | $865,641 | $12,909 | $32,419 |
| 2022 | 4 | $671,359 | $9,463 | $29,396 |