Plan Snapshot
- Plan Sponsor: Massachusetts Institute For A New Commonwealth
- Sponsor EIN: 043271457
- Sponsor Address: 11 BEACON STREET SUITE 500, BOSTON, MA, 02108
- Plan Type: 401(k)
- Total Participants: 18
- Total Assets: $3.0M
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 | 18 | $3.0M | $94,493 | $170,878 |
| 2023 | 22 | $2.6M | $69,480 | $113,467 |
| 2022 | 12 | $2.0M | $76,496 | $116,673 |