# Loftness Specialized Farm Equipment , INC. DC Plan
Source: https://planprovider.pro/companies/loftness-specialized-farm-equipment-inc-plan-002

> Loftness Specialized Farm Equipment , INC.'s DC plan: 49 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Loftness Specialized Farm Equipment , INC.

- **Sponsor EIN:** 411601295

- **Sponsor Address:** 650 SOUTH MAIN STREET, HECTOR, MN, 55342

- **Plan Type:** DC

- **Total Participants:** 49

- **Total Assets:** $8.0M

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|49|$8.0M|$63,325|$0|

| 2023|67|$17.7M|$50,681|$0|

| 2022|61|$27.9M|$78,463|$0|

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