Lotus Cars Usa, INC. 401(k) Plan

Form 5500 filing data for plan year 2024.

Plan Snapshot

  • Plan Sponsor: Lotus Cars Usa, INC.
  • Sponsor EIN: 382724910
  • Sponsor Address: 47584 GALLEON DR, PLYMOUTH, MI, 48170
  • Plan Type: 401(k)
  • Total Participants: 41
  • Total Assets: $5.7M

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

YearParticipantsTotal AssetsEmployer Contrib.Employee Contrib.
202441$5.7M$108,501$256,836
202331$5.0M$89,088$206,020
202222$4.2M$60,249$137,532

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