# Brodeur Machine Company INC 401(k) Plan
Source: https://planprovider.pro/companies/brodeur-machine-company-inc-401k-plan

> Brodeur Machine Company INC&#39;s 401(k) plan: 59 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|

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