# Parker Machine Company Incorporated 401(k) Plan
Source: https://planprovider.pro/companies/parker-machine-company-incorporated-401k-plan

> Parker Machine Company Incorporated's 401(k) plan: 16 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|

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