# Mar-Vel Tool Company INC. 401(k) Plan
Source: https://planprovider.pro/companies/mar-vel-tool-company-inc-401k-plan

> Mar-Vel Tool Company INC.'s 401(k) plan: 9 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Mar-Vel Tool Company INC.

- **Sponsor EIN:** 311120316

- **Sponsor Address:** 858 HALL AVE, DAYTON, OH, 454041101

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

- **Total Participants:** 9

- **Total Assets:** $2.6M

## 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|9|$2.6M|$6,731|$26,925|

| 2023|12|$2.6M|$8,681|$34,723|

| 2022|12|$2.3M|$8,853|$38,291|

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