Plan Snapshot
- Plan Sponsor: Maxson Automatic Machinery Company
- Sponsor EIN: 050179380
- Sponsor Address: 70 AIRPORT ROAD, WESTERLY, RI, 02891
- Plan Type: 401(k)
- Total Participants: 29
- Total Assets: $5.6M
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 | 29 | $5.6M | $47,103 | $158,809 |
| 2023 | 30 | $4.6M | $49,470 | $184,046 |
| 2022 | 27 | $3.7M | $50,888 | $166,689 |