# Hooberman Management Company, INC. 401(k) Plan
Source: https://planprovider.pro/companies/hooberman-management-company-inc-401k-plan

> Hooberman Management Company, INC.'s 401(k) plan: 8 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|

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