Plan Snapshot
- Plan Sponsor: Progress Machining INC.
- Sponsor EIN: 872718040
- Sponsor Address: 1155 JUDSON RD, SPRING LAKE, MI, 49456
- Plan Type: 401(k)
- Total Participants: 14
- Total Assets: $446,629
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|
| 2024 | 14 | $446,629 | $24,402 | $16,263 |
| 2023 | 7 | $241,356 | $20,788 | $4,916 |
| 2022 | 1 | $77,157 | $0 | $0 |