# Quality Machine & Tool Works, INC. 401(k) Plan
Source: https://planprovider.pro/companies/quality-machine-tool-works-inc-401k-plan

> Quality Machine & Tool Works, INC.'s 401(k) plan: 62 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Quality Machine & Tool Works, INC.

- **Sponsor EIN:** 351376014

- **Sponsor Address:** 1201 MICHIGAN AVENUE, COLUMBUS, IN, 47201

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

- **Total Participants:** 62

- **Total Assets:** $3.1M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **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|62|$3.1M|$93,680|$206,566|

| 2023|53|$3.1M|$88,755|$198,606|

| 2022|59|$2.7M|$70,018|$185,053|

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