# Tequipment, INC. 401(k) Plan
Source: https://planprovider.pro/companies/tequipment-inc-401k-plan-001

> Tequipment, INC.'s 401(k) plan: 57 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|

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