Plan Snapshot
- Plan Sponsor: Tequipment, INC.
- Sponsor EIN: 112266592
- Sponsor Address: 7 NORDEN AVE., HUNTINGTON STATION, NY, 11746
- Plan Type: 401(k)
- Total Participants: 64
- Total Assets: $6.5M
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 | 64 | $6.5M | $569,984 | $618,494 |
| 2023 | 72 | $4.6M | $266,662 | $575,718 |
| 2022 | 54 | $3.4M | $160,676 | $467,565 |