# Nies Engineering, INC. 401(k) Plan
Source: https://planprovider.pro/companies/nies-engineering-inc-401k-plan

> Nies Engineering, INC.&#39;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:** Nies Engineering, INC.

- **Sponsor EIN:** 351835294

- **Sponsor Address:** 2421 173RD STREET, HAMMOND, IN, 46323

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

- **Total Participants:** 22

- **Total Assets:** $7.6M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **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|22|$7.6M|$126,103|$242,658|

| 2023|21|$6.3M|$135,727|$232,792|

| 2022|20|$5.2M|$121,218|$213,315|

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