Plan Snapshot
- Plan Sponsor: General Welding Supply Corp.
- Sponsor EIN: 111555042
- Sponsor Address: 600 SHAMES DRIVE, WESTBURY, NY, 11590
- Plan Type: 401(k)
- Total Participants: 28
- 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. |
|---|
| 2024 | 28 | $5.3M | $56,227 | $163,926 |
| 2023 | 27 | $5.0M | $55,335 | $154,934 |
| 2022 | 32 | $4.2M | $53,503 | $151,226 |