# Maxon Precision Motors, INC. 401(k) Plan
Source: https://planprovider.pro/companies/maxon-precision-motors-inc-401k-plan

> Maxon Precision Motors, INC.'s 401(k) plan: 87 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|

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