Plan Snapshot
- Plan Sponsor: Preferred Industries, INC.
- Sponsor EIN: 382153788
- Sponsor Address: 11 ASH DRIVE, KIMBALL, MI, 48074
- Plan Type: 401(k)
- Total Participants: 31
- Total Assets: $5.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 31 | $5.7M | $203,525 | $73,190 |
| 2023 | 33 | $5.0M | $211,543 | $80,713 |
| 2022 | 29 | $4.6M | $222,450 | $78,637 |