Plan Snapshot
- Plan Sponsor: Lynn Medical Instrument Company
- Sponsor EIN: 381869534
- Sponsor Address: 50120 PONTAIL TRAIL, WIXOM, MI, 48393
- Plan Type: 401(k)
- Total Participants: 23
- Total Assets: $2.4M
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. |
|---|
| 2024 | 23 | $2.4M | $23,027 | $133,214 |
| 2023 | 25 | $2.5M | $24,538 | $129,285 |
| 2022 | 40 | $2.2M | $36,700 | $123,781 |