# Specialty Machines, INC. 401(k) Plan
Source: https://planprovider.pro/companies/specialty-machines-inc-401k-plan

> Specialty Machines, INC.'s 401(k) plan: 66 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Specialty Machines, INC.

- **Sponsor EIN:** 310520894

- **Sponsor Address:** 5370 SALEM AVE., TROTWOOD, OH, 45426

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

- **Total Participants:** 66

- **Total Assets:** $2.7M

## 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|66|$2.7M|$83,614|$156,461|

| 2023|66|$4.0M|$97,727|$208,170|

| 2022|73|$3.3M|$92,948|$200,755|

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