Plan Snapshot
- Plan Sponsor: Mec-Tric Control Company
- Sponsor EIN: 560770334
- Sponsor Address: 4110 MONROE ROAD, CHARLOTTE, NC, 28205
- Plan Type: 401(k)
- Total Participants: 47
- Total Assets: $4.0M
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 | 47 | $4.0M | $0 | $165,651 |
| 2023 | 32 | $3.5M | $0 | $145,721 |
| 2022 | 33 | $3.0M | $0 | $139,343 |