Plan Snapshot
- Plan Sponsor: Microwave Engineering Corporat
- Sponsor EIN: 042810270
- Sponsor Address: 1551 OSGOOD ST, NORTH ANDOVER, MA, 018451014
- Plan Type: 401(k)
- Total Participants: 82
- Total Assets: $19.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 82 | $19.9M | $100,149 | $530,250 |
| 2023 | 81 | $17.0M | $100,000 | $475,766 |
| 2022 | 84 | $14.3M | $100,000 | $490,399 |