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

> Machine Tech INC's 401(k) plan: 11 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Machine Tech INC

- **Sponsor EIN:** 550803500

- **Sponsor Address:** 3125 WOODBRIDGE AVE STE 4, EDISON, NJ, 088373259

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

- **Total Participants:** 11

- **Total Assets:** $8,299

## 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|11|$8,299|$0|$30,500|

| 2022|1|$529,033|$0|$30,000|

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