Plan Snapshot
- Plan Sponsor: Parker Machine Company Incorporated
- Sponsor EIN: 141641775
- Sponsor Address: 28 SULLIVAN PARKWAY, FORT EDWARD, NY, 12828
- Plan Type: 401(k)
- Total Participants: 16
- Total Assets: $3.3M
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 | 16 | $3.3M | $43,584 | $127,322 |
| 2023 | 17 | $2.9M | $43,874 | $120,455 |
| 2022 | 18 | $2.9M | $44,739 | $113,862 |