Plan Snapshot
- Plan Sponsor: 54 Faith INC.
- Sponsor EIN: 461455419
- Sponsor Address: 4185 RIVER CLUB DRIVE, CUMMING, GA, 30041
- Plan Type: 401(k)
- Total Participants: 10
- Total Assets: $1.4M
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 | 10 | $1.4M | $7,054 | $19,160 |
| 2023 | 10 | $1.3M | $6,847 | $19,423 |
| 2022 | 13 | $1.2M | $44,278 | $28,586 |
| 2021 | 11 | $965,027 | $1,300 | $11,788 |
| 2020 | 7 | $935,940 | $2,130 | $4,505 |