# Brothers Ii Business Machines Of L.I., INC. 401(k) Plan
Source: https://planprovider.pro/companies/brothers-ii-business-machines-of-l-i-inc-401k-plan

> Brothers Ii Business Machines Of L.I., INC.&#39;s 401(k) plan: 8 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Brothers Ii Business Machines Of L.I., INC.

- **Sponsor EIN:** 112920456

- **Sponsor Address:** 200 MCCORMICK DRIVE, BOHEMIA, NY, 11716

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

- **Total Participants:** 8

- **Total Assets:** $2.2M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **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|8|$2.2M|$23,696|$86,180|

| 2023|10|$2.0M|$23,308|$89,061|

| 2022|10|$1.6M|$24,164|$84,931|

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