Plan Snapshot
- Plan Sponsor: Monroe Hardware Company
- Sponsor EIN: 560325288
- Sponsor Address: 101 NORTH SUTHERLAND AVENUE, MONROE, NC, 28110
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 67
- Total Assets: $3.7M
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 | 67 | $3.7M | $49,080 | $142,999 |
| 2023 | 93 | $4.6M | $55,040 | $160,388 |
| 2022 | 71 | $4.9M | $53,665 | $178,084 |