Plan Snapshot
- Plan Sponsor: Jomar Bulk Carriers, INC.
- Sponsor EIN: 223186139
- Sponsor Address: 207 WATCHUNG AVENUE, CRANFORD, NJ, 07016
- Plan Type: 401(k)
- Total Participants: 10
- Total Assets: $1.6M
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 | 10 | $1.6M | $34,380 | $98,362 |
| 2023 | 10 | $1.4M | $20,078 | $104,419 |
| 2022 | 7 | $1.3M | $16,809 | $72,080 |