Plan Snapshot
- Plan Sponsor: Lomar Machine & Tool Co.
- Sponsor EIN: 382216849
- Sponsor Address: 135 MAIN STREET, HORTON, MI, 49246
- Plan Type: 401(k)
- Plan Number: 003
- Total Participants: 93
- Total Assets: $22.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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. |
|---|
| 2023 | 93 | $22.9M | $236,224 | $562,348 |
| 2022 | 95 | $20.9M | $193,672 | $524,231 |
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