Plan Snapshot
- Plan Sponsor: True North Chartering, LLC
- Sponsor EIN: 264459359
- Sponsor Address: 372 DANBURY ROAD, SUITE 185, WILTON, CT, 06897
- Plan Type: 401(k)
- Total Participants: 28
- Total Assets: $9.5M
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 | 28 | $9.5M | $855,633 | $390,395 |
| 2023 | 26 | $7.8M | $258,890 | $323,081 |
| 2022 | 23 | $6.0M | $145,153 | $251,541 |