Plan Snapshot
- Plan Sponsor: The Melton Corporation
- Sponsor EIN: 811729268
- Sponsor Address: 3806 1ST AVE NORTH, BIRMINGHAM, AL, 35222
- Plan Type: 401(k)
- Total Participants: 30
- Total Assets: $410,826
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 | 30 | $410,826 | $0 | $42,493 |
| 2023 | 14 | $525,397 | $0 | $48,422 |
| 2022 | 21 | $937,545 | $0 | $12,564 |
| 2017 | 7 | $121,234 | $1,524 | $1,801 |