Plan Snapshot
- Plan Sponsor: Midwest Steel, INC.
- Sponsor EIN: 522351484
- Sponsor Address: 2525 EAST GRAND BOULEVARD, DETROIT, MI, 48211
- Plan Type: 401(k)
- Total Participants: 98
- Total Assets: $12.4M
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 | 98 | $12.4M | $112,690 | $825,712 |
| 2023 | 70 | $11.4M | $50,468 | $754,940 |
| 2022 | 69 | $9.6M | $51,700 | $635,600 |