Plan Snapshot
- Plan Sponsor: Lincoln Machine, INC.
- Sponsor EIN: 470629541
- Sponsor Address: 6401 CORNHUSKER HIGHWAY, LINCOLN, NE, 68507
- Plan Type: 401(k)
- Total Participants: 42
- Total Assets: $8.5M
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 | 42 | $8.5M | $76,155 | $235,442 |
| 2023 | 36 | $7.6M | $75,133 | $253,085 |
| 2022 | 41 | $7.0M | $76,093 | $254,858 |