# Material Handling Technologies, INC. 401(k) Plan
Source: https://planprovider.pro/companies/material-handling-technologies-inc-401k-plan

> Material Handling Technologies, INC.'s 401(k) plan: 45 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 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|

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