Plan Snapshot
- Plan Sponsor: Red Bank Volvo, INC.
- Sponsor EIN: 210696330
- Sponsor Address: 100 EAST NEWMAN SPRINGS ROAD, RED BANK, NJ, 07701
- Plan Type: 401(k)
- Total Participants: 28
- Total Assets: $3.5M
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 | 28 | $3.5M | $23,530 | $121,843 |
| 2023 | 32 | $3.2M | $23,781 | $136,278 |
| 2022 | 26 | $2.6M | $22,344 | $128,116 |