# Smith Brothers Tool Company 401(k) Plan
Source: https://planprovider.pro/companies/smith-brothers-tool-company-300747050-001

> Smith Brothers Tool Company's 401(k) plan: 41 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Smith Brothers Tool Company

- **Sponsor EIN:** 300747050

- **Sponsor Address:** 50600 CORPORATE DRIVE, SHELBY TOWNSHIP, MI, 483153107

- **Plan Type:** 401(k)

- **Plan Number:** 001

- **Total Participants:** 41

- **Total Assets:** $4.5M

## 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|41|$4.5M|$90,604|$169,915|

| 2023|48|$4.5M|$94,688|$179,307|

| 2022|49|$3.9M|$88,470|$174,784|

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