Plan Snapshot
- Plan Sponsor: Northern Michigan Business Services, INC.
- Sponsor EIN: 274311626
- Sponsor Address: 954 BUSINESS PARK DRIVE, STE. 3, TRAVERSE CITY, MI, 49686
- Plan Type: 401(k)
- Total Participants: 7
- Total Assets: $547,179
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|
| 2024 | 7 | $547,179 | $8,088 | $36,757 |
| 2023 | 7 | $458,120 | $10,832 | $15,887 |
| 2022 | 6 | $395,443 | $0 | $3,060 |