# Mgm Industries, INC. 401(k) Plan
Source: https://planprovider.pro/companies/mgm-industries-inc-401k-plan

> Mgm Industries, INC.'s 401(k) plan: 13 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Mgm Industries, INC.

- **Sponsor EIN:** 465531410

- **Sponsor Address:** 6650 HIGHLAND RD SUITE 308, WATERFORD, MI, 48327

- **Plan Type:** 401(k)

- **Total Participants:** 13

- **Total Assets:** $69,008

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|13|$69,008|$0|$0|

| 2023|43|$67,061|$0|$0|

| 2022|10|$329,249|$0|$0|

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