Plan Snapshot
- Plan Sponsor: Tequipment, INC.
- Sponsor EIN: 112266592
- Sponsor Address: 7 NORDEN AVE., HUNTINGTON STATION, NY, 11746
- Plan Type: 401(k)
- Total Participants: 57
- Total Assets: $1.9M
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 | 57 | $1.9M | $192,912 | $178,907 |
| 2023 | 87 | $1.4M | $108,286 | $182,803 |
| 2022 | 75 | $1.1M | $43,832 | $169,376 |