# Monarch Knitting Machinery Corporation 401(k) Plan
Source: https://planprovider.pro/companies/monarch-knitting-machinery-corporation-401k-plan

> Monarch Knitting Machinery Corporation's 401(k) plan: 22 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Monarch Knitting Machinery Corporation

- **Sponsor EIN:** 112030281

- **Sponsor Address:** P.O. BOX 5009, MONROE, NC, 28111

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

- **Total Participants:** 22

- **Total Assets:** $4.8M

## 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|22|$4.8M|$16,260|$128,034|

| 2023|24|$5.7M|$16,507|$140,305|

| 2022|24|$5.2M|$16,960|$136,466|

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