Plan Snapshot
- Plan Sponsor: Machine Concepts, INC.
- Sponsor EIN: 341759317
- Sponsor Address: 2167 STATE ROUTE 66, MINSTER, OH, 45865
- Plan Type: 401(k)
- Total Participants: 115
- Total Assets: $20.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 115 | $20.5M | $741,598 | $684,628 |
| 2023 | 110 | $21.6M | $653,400 | $635,903 |
| 2022 | 105 | $18.5M | $572,801 | $538,754 |