Plan Snapshot
- Plan Sponsor: Brodeur Machine Company INC
- Sponsor EIN: 042135206
- Sponsor Address: 62 WOOD STREET, NEW BEDFORD, MA, 02745
- Plan Type: 401(k)
- Total Participants: 59
- Total Assets: $13.3M
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 | 59 | $13.3M | $90,265 | $586,234 |
| 2023 | 59 | $11.4M | $81,676 | $537,006 |
| 2022 | 54 | $9.5M | $67,961 | $464,479 |