Plan Snapshot
- Plan Sponsor: Megla Manufacturing, INC. Profit Sharing Plan
- Sponsor EIN: 455299083
- Sponsor Address: 2105 CLEVELAND AVE., NATIONAL CITY, CA, 91950
- Plan Type: DC
- Total Participants: 7
- Total Assets: $18,819
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|
| 2023 | 7 | $18,819 | $0 | $6,600 |
| 2022 | 7 | $11,558 | $0 | $5,325 |