Plan Snapshot
- Plan Sponsor: Verstand Engineering, INC.
- Sponsor EIN: 381654478
- Sponsor Address: 108 MORGAN ST, FIFE LAKE, MI, 49633
- Plan Type: 401(k)
- Total Participants: 5
- Total Assets: $1.5M
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 | 5 | $1.5M | $0 | $19,013 |
| 2024 | 5 | $1.5M | $0 | $19,013 |
| 2023 | 6 | $1.6M | $0 | $27,584 |
| 2022 | 9 | $3.3M | $0 | $32,750 |