Plan Snapshot
- Plan Sponsor: Major Brands Oil Company, INC.
- Sponsor EIN: 382384152
- Sponsor Address: 611 OTTAWA AVENUE, HOLLAND, MI, 49423
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 174
- Total Assets: $4.4M
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. |
|---|
| 2023 | 174 | $4.4M | $196,233 | $304,219 |
| 2022 | 140 | $3.4M | $177,552 | $290,471 |