Ghafari Associates, Llc 401(k) Plan: Login, Facts & Contact Information

Ghafari Associates, Llc 401(k) Plan Facts

Plan name
GHAFARI COMPANIES 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
GHAFARI ASSOCIATES, LLC
Participants
910 (434 active employees)
Former employees with a balance
304
Plan assets
$106,588,945 at Dec 31, 2024
Average account balance
$151,190 across 705 accounts
Employer contributions
$1,376,094 in plan year 2024 (16% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1985
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments✓ Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 10, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $8.52 million went into the plan in contributions, $1.38 million of it from the employer (16%).
  • $17.5 million was paid out to participants.
  • Investment and other income added $16.1 million.
  • Administrative expenses were $146,476, about $208 per account.

How the Ghafari Associates, Llc 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20191,133$71.1 million$845,565$7.09 million
20201,054$88.8 million$909,786$6.46 million
2021932$97.7 million$900,672$10.9 million
2022936$80.6 million$980,205$6.35 million
2023919$99.6 million$1.13 million$5.65 million
2024910$106.6 million$1.38 million$17.5 million

Ghafari Associates, Llc 401(k) Contact Information

Phone
313-441-3000
Mailing address
17101 MICHIGAN AVE., DEARBORN MI 48126
Plan sponsor
GHAFARI ASSOCIATES, LLC
Employer identification number (EIN)
38-3530824
Plan number
001

Questions about the Ghafari Associates, Llc 401(k)

Does Ghafari Associates, Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $1.38 million, 16% of all contributions.

Does the Ghafari Associates, Llc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Ghafari Associates, Llc 401(k) plan?

910 participants at the start of plan year 2024, 434 of them active employees, and 304 former employees who still had money in the plan.

What is the average 401(k) balance at Ghafari Associates, Llc?

About $151,190 per account: $106.6 million in plan assets across 705 accounts with a balance at the end of plan year 2024.

Who manages the Ghafari Associates, Llc 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Ghafari Associates, Llc. How do I access my 401(k)?

Your account stays with Fidelity NetBenefits after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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