# Optima Machinery Corporation 401(k) Plan
Source: https://planprovider.pro/companies/optima-machinery-corporation-401k-plan

> Optima Machinery Corporation's 401(k) plan: 124 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Optima Machinery Corporation

- **Sponsor EIN:** 391534738

- **Sponsor Address:** 1330 CONTRACT DRIVE, GREEN BAY, WI, 54304

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

- **Total Participants:** 124

- **Total Assets:** $16.6M

## 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

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|124|$16.6M|$312,782|$968,080|

| 2023|122|$14.7M|$303,315|$829,429|

| 2022|115|$13.0M|$200,925|$759,224|

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