Plan Snapshot
- Plan Sponsor: Absolute Machinery Corporation
- Sponsor EIN: 020518484
- Sponsor Address: 33 SOUTHGATE STREET, WORCESTER, MA, 01610
- Plan Type: 401(k)
- Total Participants: 85
- Total Assets: $9.4M
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 | 85 | $9.4M | $295,670 | $670,903 |
| 2023 | 68 | $7.3M | $248,022 | $540,771 |
| 2022 | 64 | $5.5M | $239,364 | $502,027 |