Plan Snapshot
- Plan Sponsor: Tool North, INC.
- Sponsor EIN: 810877376
- Sponsor Address: 2475 NORTH AERO PARK COURT, TRAVERSE CITY, MI, 49686
- Plan Type: 401(k)
- Total Participants: 38
- Total Assets: $1.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 38 | $1.8M | $29,672 | $169,425 |
| 2023 | 37 | $1.7M | $24,599 | $156,290 |
| 2022 | 31 | $1.5M | $30,127 | $146,598 |