# M-B Industries Incorporated 401(k) Plan
Source: https://planprovider.pro/companies/m-b-industries-incorporated-401k-plan

> M-B Industries Incorporated's 401(k) plan: 60 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** M-B Industries Incorporated

- **Sponsor EIN:** 210515635

- **Sponsor Address:** P.O. BOX 1118, ROSMAN, NC, 28772

- **Plan Type:** 401(k)

- **Total Participants:** 60

- **Total Assets:** $2.0M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **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|60|$2.0M|$0|$37,234|

| 2023|65|$2.8M|$0|$62,460|

| 2022|78|$3.3M|$0|$78,866|

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