# Absolute Machinery Corporation 401(k) Plan
Source: https://planprovider.pro/companies/absolute-machinery-corporation-401k-plan

> Absolute Machinery Corporation's 401(k) plan: 85 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|

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