# Lincoln Machine, INC. 401(k) Plan
Source: https://planprovider.pro/companies/lincoln-machine-inc-401k-plan

> Lincoln Machine, INC.&#39;s 401(k) plan: 42 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|

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