Plan Snapshot
- Plan Sponsor: Smith Brothers Tool Company
- Sponsor EIN: 300747050
- Sponsor Address: 50600 CORPORATE DRIVE, SHELBY TOWNSHIP, MI, 483153107
- Plan Type: 401(k)
- 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. |
|---|
| 2025 | 41 | $4.5M | $90,604 | $169,915 |
| 2024 | 41 | $4.5M | $90,604 | $169,915 |
| 2023 | 48 | $4.5M | $94,688 | $179,307 |
| 2022 | 49 | $3.9M | $88,470 | $174,784 |