# Massachusetts Institute For A New Commonwealth 401(k) Plan
Source: https://planprovider.pro/companies/massachusetts-institute-for-a-new-commonwealth-401k-plan

> Massachusetts Institute For A New Commonwealth's 401(k) plan: 18 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|

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