Plan Snapshot
- Plan Sponsor: Mike Young Buick Gmc
- Sponsor EIN: 381747898
- Sponsor Address: PO BOX 149, FRANKENMUTH, MI, 48734
- Plan Type: 401(k)
- Total Participants: 101
- 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 | 101 | $8.1M | $133,405 | $506,932 |
| 2023 | 105 | $6.8M | $136,275 | $457,951 |
| 2022 | 87 | $5.6M | $93,203 | $359,551 |