# Pauls Machine & Welding Corp. 401(k) Plan
Source: https://planprovider.pro/companies/pauls-machine-welding-corp-401k-plan

> Pauls Machine & Welding Corp.'s 401(k) plan: 71 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Pauls Machine & Welding Corp.

- **Sponsor EIN:** 370891392

- **Sponsor Address:** 650 N. SYCAMORE, VILLA GROVE, IL, 61956

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

- **Total Participants:** 71

- **Total Assets:** $6.2M

## 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|71|$6.2M|$198,977|$399,925|

| 2023|71|$6.2M|$198,977|$399,925|

| 2022|62|$4.6M|$131,012|$326,370|

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