Plan Snapshot
- Plan Sponsor: Park Internal Medicine, PC
- Sponsor EIN: 061674150
- Sponsor Address: 26850 PROVIDENCE PKWY STE 505, NOVI, MI, 48374
- Plan Type: 401(k)
- Total Participants: 7
- Total Assets: $8.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 7 | $8.0M | $201,433 | $190,654 |
| 2023 | 7 | $6.7M | $218,370 | $195,000 |
| 2022 | 7 | $5.3M | $224,191 | $176,000 |