Plan Snapshot
- Plan Sponsor: Material Handling Technologies, INC.
- Sponsor EIN: 561774920
- Sponsor Address: 113 INTERNATIONAL DR, MORRISVILLE, NC, 27560
- Plan Type: 401(k)
- Total Participants: 45
- Total Assets: $6.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 45 | $6.3M | $30,377 | $410,938 |
| 2023 | 43 | $6.3M | $30,034 | $305,614 |
| 2022 | 44 | $5.5M | $233,414 | $358,574 |