Plan Snapshot
- Plan Sponsor: Power Source Electric
- Sponsor EIN: 382881066
- Sponsor Address: P.O. BOX 148, CLIO, MI, 484200148
- Plan Type: 401(k)
- Total Participants: 17
- Total Assets: $1.8M
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 | 17 | $1.8M | $64,156 | $52,053 |
| 2023 | 15 | $1.5M | $8,292 | $118,151 |
| 2022 | 12 | $1.1M | $19,075 | $41,635 |