# Mike Young Buick Gmc 401(k) Plan
Source: https://planprovider.pro/companies/mike-young-buick-gmc-401k-plan

> Mike Young Buick Gmc&#39;s 401(k) plan: 101 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|

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