Plan Snapshot
- Plan Sponsor: Simonds Machinery Company
- Sponsor EIN: 940870490
- Sponsor Address: 259 HARBOR WAY, SOUTH SAN FRANCISCO, CA, 940806811
- Plan Type: 401(k)
- Total Participants: 8
- Total Assets: $4.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 8 | $4.1M | $155,845 | $110,982 |
| 2023 | 9 | $3.4M | $115,818 | $115,757 |
| 2022 | 9 | $2.7M | $95,428 | $109,559 |