# Baum Precision Machining INC. 401(k) Plan
Source: https://planprovider.pro/companies/baum-precision-machining-inc-401k-plan

> Baum Precision Machining INC.'s 401(k) plan: 31 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Baum Precision Machining INC.

- **Sponsor EIN:** 232185809

- **Sponsor Address:** 5136 APPLEBUTTER RD, PIPERSVILLE, PA, 18947

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

- **Total Participants:** 31

- **Total Assets:** $3.0M

## 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|31|$3.0M|$71,419|$163,379|

| 2023|34|$2.5M|$67,216|$150,498|

| 2022|33|$2.0M|$71,319|$152,337|

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