# Material Handling Industry 401(k) Plan
Source: https://planprovider.pro/companies/material-handling-industry-401k-plan

> Material Handling Industry's 401(k) plan: 52 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|

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