Plan Snapshot
- Plan Sponsor: Cavotec Usa INC.
- Sponsor EIN: 352331140
- Sponsor Address: 500 S MAIN ST, MOORESVILLE, NC, 28115
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 22
- 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 | 22 | $3.0M | $68,589 | $107,426 |
| 2023 | 21 | $3.4M | $65,526 | $111,866 |
| 2022 | 102 | $2.8M | $200,587 | $428,196 |