Plan Snapshot
- Plan Sponsor: Welshs Motor Sales INC
- Sponsor EIN: 222106611
- Sponsor Address: 36 DUMONT ROAD, FAR HILLS, NJ, 07931
- Plan Type: 401(k)
- Total Participants: 14
- Total Assets: $2.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 14 | $2.0M | $0 | $88,108 |
| 2023 | 16 | $1.6M | $0 | $98,819 |
| 2022 | 16 | $1.2M | $75,000 | $80,965 |