Plan Snapshot
- Plan Sponsor: General Equipment Company
- Sponsor EIN: 410832670
- Sponsor Address: 620 ALEXANDER DRIVE, OWATONNA, MN, 55060
- Plan Type: 401(k)
- Total Participants: 19
- Total Assets: $936,784
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 | 19 | $936,784 | $17,779 | $44,068 |
| 2023 | 24 | $933,891 | $23,388 | $51,772 |
| 2022 | 28 | $832,489 | $33,439 | $77,285 |