# Bailey Motor Equipment Co 401(k) Plan
Source: https://planprovider.pro/companies/bailey-motor-equipment-co-401k-plan

> Bailey Motor Equipment Co's 401(k) plan: 2 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Bailey Motor Equipment Co

- **Sponsor EIN:** 590833954

- **Sponsor Address:** 10501 S ORANGE AVE STE 126, ORLANDO, FL, 328247749

- **Plan Type:** 401(k)

- **Total Participants:** 2

- **Total Assets:** $648,212

## 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|2|$648,212|$6,800|$25,403|

| 2023|2|$527,294|$55,737|$13,278|

| 2022|2|$380,145|$7,765|$21,339|

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