Plan Snapshot
- Plan Sponsor: Cutting Tools, INC.
- Sponsor EIN: 742163492
- Sponsor Address: 5050 ASHLEY COURT, HOUSTON, TX, 77041
- Plan Type: 401(k)
- Total Participants: 27
- Total Assets: $1.4M
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 | 27 | $1.4M | $0 | $59,339 |
| 2023 | 17 | $1.4M | $0 | $58,769 |
| 2022 | 17 | $1.5M | $0 | $47,158 |