Plan Snapshot
- Plan Sponsor: H.O. Penn Machinery Company, INC.
- Sponsor EIN: 131158790
- Sponsor Address: 122 NOXON ROAD, POUGHKEEPSIE, NY, 12603
- Plan Type: 401(k)
- Total Participants: 4
- Total Assets: $3.9M
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 | 4 | $3.9M | $37,944 | $39,729 |
| 2023 | 5 | $4.6M | $35,973 | $50,456 |
| 2022 | 6 | $5.1M | $49,780 | $49,701 |