Plan Snapshot
- Plan Sponsor: Powerflow Engineering INC.
- Sponsor EIN: 382643236
- Sponsor Address: 37120 ENTERPRISE DRIVE, WESTLAND, MI, 48186
- Plan Type: 401(k)
- Total Participants: 12
- Total Assets: $2.0M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 12 | $2.0M | $45,132 | $73,558 |
| 2023 | 13 | $1.7M | $63,631 | $68,570 |
| 2022 | 13 | $1.4M | $65,183 | $62,554 |