Plan Snapshot
- Plan Sponsor: Letnan Industries, INC.
- Sponsor EIN: 383406142
- Sponsor Address: 6520 ARROW DRIVE, STERLING HEIGHTS, MI, 48314
- Plan Type: 401(k)
- Total Participants: 17
- Total Assets: $1.5M
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 | 17 | $1.5M | $30,365 | $57,364 |
| 2023 | 18 | $1.3M | $31,364 | $51,374 |
| 2022 | 17 | $1.1M | $31,576 | $54,756 |