Northern Business Machines 401(k) Plan

Form 5500 filing data for plan year 2024.

Plan Snapshot

  • Plan Sponsor: Northern Business Machines
  • Sponsor EIN: 042875957
  • Sponsor Address: 24 TERRY AVENUE, BURLINGTON, MA, 01803
  • Plan Type: 401(k)
  • Total Participants: 75
  • Total Assets: $9.6M

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

YearParticipantsTotal AssetsEmployer Contrib.Employee Contrib.
202475$9.6M$22,000$380,356
202364$8.9M$20,793$366,027
202267$7.4M$19,328$291,299

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