Plan Snapshot
- Plan Sponsor: Mgm Transformer Company
- Sponsor EIN: 953021610
- Sponsor Address: 5701 SMITHWAY ST, CITY OF COMMERCE, CA, 900401507
- Plan Type: 401(k)
- Total Participants: 306
- Total Assets: $8.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 306 | $8.5M | $315,983 | $526,121 |
| 2023 | 51 | $5.0M | $150,981 | $341,617 |
| 2022 | 39 | $4.4M | $0 | $299,777 |