# Parpas America Corp 401(k) Plan
Source: https://planprovider.pro/companies/parpas-america-corp-401k-plan

> Parpas America Corp's 401(k) plan: 10 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Parpas America Corp

- **Sponsor EIN:** 383059222

- **Sponsor Address:** 791 INDUSTRIAL CT, BLOOMFIELD HILLS, MI, 483020381

- **Plan Type:** 401(k)

- **Total Participants:** 10

- **Total Assets:** $2.4M

## 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|10|$2.4M|$40,666|$86,718|

| 2023|10|$1.9M|$36,526|$84,264|

| 2022|10|$1.4M|$36,445|$75,650|

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