Plan Snapshot
- Plan Sponsor: Magness & Sons General Contracting, INC.
- Sponsor EIN: 232870793
- Sponsor Address: 105 EDGEWOOD AVE, FOLSOM, PA, 19033
- Plan Type: 401(k)
- Total Participants: 12
- Total Assets: $6.2M
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 | 12 | $6.2M | $115,290 | $107,712 |
| 2023 | 12 | $5.8M | $96,129 | $109,313 |
| 2022 | 13 | $4.8M | $98,286 | $141,237 |