# Timber Systems, LLC 401(k) Plan
Source: https://planprovider.pro/companies/timber-systems-llc-401k-plan

> Timber Systems, LLC&#39;s 401(k) plan: 24 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Timber Systems, LLC

- **Sponsor EIN:** 061745373

- **Sponsor Address:** 162 S. SAGINAW STREET, LAPEER, MI, 48446

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

- **Total Participants:** 24

- **Total Assets:** $3.3M

## 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:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|24|$3.3M|$25,477|$155,501|

| 2023|24|$2.8M|$28,913|$164,510|

| 2022|23|$2.3M|$30,550|$156,414|

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