# Custom Machine & Design 401(k) Plan
Source: https://planprovider.pro/companies/custom-machine-design-401k-plan

> Custom Machine & Design's 401(k) plan: 10 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Custom Machine & Design

- **Sponsor EIN:** 571118778

- **Sponsor Address:** 7220 HWY 544, MYRTLE BEACH, SC, 29588

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

- **Total Participants:** 10

- **Total Assets:** $4.5M

## 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|10|$4.5M|$10,736|$64,388|

| 2023|7|$3.7M|$10,319|$63,223|

| 2022|8|$3.1M|$8,792|$56,913|

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