Plan Snapshot
- Plan Sponsor: Material Handling Industry
- Sponsor EIN: 561596147
- Sponsor Address: 8720 RED OAK BOULEVARD, CHARLOTTE, NC, 28217
- Plan Type: 401(k)
- Total Participants: 52
- Total Assets: $13.0M
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 | 52 | $13.0M | $1.1M | $493,281 |
| 2023 | 44 | $10.1M | $118,956 | $451,948 |
| 2022 | 38 | $8.4M | $407,999 | $378,509 |