# Merrimac Industrial Sales, INC. 401(k) Plan
Source: https://planprovider.pro/companies/merrimac-industrial-sales-inc-401k-plan

> Merrimac Industrial Sales, INC.'s 401(k) plan: 48 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Merrimac Industrial Sales, INC.

- **Sponsor EIN:** 042658833

- **Sponsor Address:** 111 NECK ROAD, HAVERHILL, MA, 01835

- **Plan Type:** 401(k)

- **Total Participants:** 48

- **Total Assets:** $5.0M

## 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|48|$5.0M|$78,254|$218,400|

| 2023|50|$4.2M|$76,635|$220,497|

| 2022|51|$3.6M|$78,328|$231,017|

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