# Megla Manufacturing, INC. Profit Sharing Plan DC Plan
Source: https://planprovider.pro/companies/megla-manufacturing-inc-profit-sharing-plan-plan

> Megla Manufacturing, INC. Profit Sharing Plan's DC plan: 7 participants, plan year 2023 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2023.

## Plan Snapshot

- **Plan Sponsor:** Megla Manufacturing, INC. Profit Sharing Plan

- **Sponsor EIN:** 455299083

- **Sponsor Address:** 2105 CLEVELAND AVE., NATIONAL CITY, CA, 91950

- **Plan Type:** DC

- **Total Participants:** 7

- **Total Assets:** $18,819

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** Yes

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2023|7|$18,819|$0|$6,600|

| 2022|7|$11,558|$0|$5,325|

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