Plan Snapshot
- Plan Sponsor: Mic Logistics Corp.
- Sponsor EIN: 432032841
- Sponsor Address: 29777 TELEGRAPH ROAD, SOUTHFIELD, MI, 48034
- Plan Type: 401(k)
- Total Participants: 25
- Total Assets: $8.1M
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. |
|---|
| 2024 | 25 | $8.1M | $99,575 | $269,800 |
| 2023 | 24 | $6.6M | $123,463 | $330,236 |
| 2022 | 25 | $5.2M | $95,686 | $269,107 |