# Industrial Bag & Specialties, INC. 401(k) Plan
Source: https://planprovider.pro/companies/industrial-bag-specialties-inc-plan

> Industrial Bag & Specialties, INC.'s 401(k) plan: 5 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Industrial Bag & Specialties, INC.

- **Sponsor EIN:** 381264676

- **Sponsor Address:** 17800 NORTHLAND PARK COURT. STE 107, SOUTHFIELD, MI, 48075

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

- **Total Participants:** 5

- **Total Assets:** $2.2M

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** Yes

- **Participant-Directed Investments:** No

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

## Plan Financials by Year

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

| 2024|5|$2.2M|$62,759|$54,971|

| 2023|5|$2.2M|$62,759|$54,971|

| 2022|5|$1.7M|$57,346|$52,577|

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