Plan Snapshot
- Plan Sponsor: Maxon Precision Motors, INC.
- Sponsor EIN: 942685884
- Sponsor Address: 125 DEVER DRIVE, TAUNTON, MA, 02780
- Plan Type: 401(k)
- Total Participants: 87
- Total Assets: $29.8M
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 | 87 | $29.8M | $1.4M | $853,535 |
| 2023 | 102 | $26.2M | $1.3M | $757,171 |
| 2022 | 103 | $21.5M | $1.2M | $761,491 |