# Craft Machine Works, INC. 401(k) Plan
Source: https://planprovider.pro/companies/craft-machine-works-inc-401k-plan

> Craft Machine Works, INC.'s 401(k) plan: 77 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Craft Machine Works, INC.

- **Sponsor EIN:** 540882083

- **Sponsor Address:** 2102 48TH ST, HAMPTON, VA, 23661

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

- **Total Participants:** 77

- **Total Assets:** $2.0M

## 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|77|$2.0M|$37,323|$154,734|

| 2023|84|$1.7M|$32,844|$105,930|

| 2022|120|$1.4M|$32,960|$129,581|

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