Plan Snapshot
- Plan Sponsor: Merrimack Valley Corp.
- Sponsor EIN: 200512792
- Sponsor Address: 15 AEGEAN DRIVE UNIT 3, METHUEN, MA, 01844
- Plan Type: 401(k)
- Total Participants: 85
- Total Assets: $1.3M
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. |
|---|
| 2023 | 85 | $1.3M | $39,532 | $153,123 |
| 2022 | 106 | $1.1M | $35,546 | $140,695 |