Plan Snapshot
- Plan Sponsor: Quality Machine & Automation INC.
- Sponsor EIN: 383382723
- Sponsor Address: 184 MANUFACTURERS DRIVE, HOLLAND, MI, 49424
- Plan Type: 401(k)
- Total Participants: 29
- Total Assets: $8.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|
| 2025 | 29 | $8.4M | $207,588 | $224,538 |
| 2024 | 29 | $8.4M | $207,588 | $224,538 |
| 2023 | 30 | $6.8M | $100,759 | $227,369 |
| 2022 | 27 | $5.6M | $86,708 | $188,428 |