Plan Snapshot
- Plan Sponsor: Michael Painting & Decorating, INC.
- Sponsor EIN: 421037385
- Sponsor Address: 1008 JEFFERSON STREET, WATERLOO, IA, 50702
- Plan Type: 401(k)
- Total Participants: 16
- Total Assets: $2.2M
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. |
|---|
| 2025 | 16 | $2.2M | $19,756 | $40,380 |
| 2024 | 16 | $2.2M | $19,756 | $40,380 |
| 2023 | 18 | $1.9M | $24,591 | $50,294 |
| 2022 | 17 | $1.6M | $25,222 | $52,270 |