Youngsoft, INC. 401(k) Plan

Form 5500 filing data for plan year 2024.

Plan Snapshot

  • Plan Sponsor: Youngsoft, INC.
  • Sponsor EIN: 383274599
  • Sponsor Address: 49197 WIXOM TECH DRIVE, WIXOM, MI, 48393
  • Plan Type: 401(k)
  • Total Participants: 85
  • Total Assets: $5.9M

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

YearParticipantsTotal AssetsEmployer Contrib.Employee Contrib.
202485$5.9M$1,712$532,446
202388$5.5M$0$427,700
202281$4.3M$0$451,479

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