# General Machinery Co., INC. 401(k) Plan
Source: https://planprovider.pro/companies/general-machinery-co-inc-401k-plan

> General Machinery Co., INC.'s 401(k) plan: 51 participants, plan year 2023 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2023.

## Plan Snapshot

- **Plan Sponsor:** General Machinery Co., INC.

- **Sponsor EIN:** 630515545

- **Sponsor Address:** 921 FIRST AVENUE NORTH, BIRMINGHAM, AL, 352033002

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

- **Total Participants:** 51

- **Total Assets:** $5.3M

## 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.|

| 2023|51|$5.3M|$0|$209,260|

| 2022|51|$4.6M|$0|$195,511|

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