Plan Snapshot
- Plan Sponsor: Argan INC.
- Sponsor EIN: 131947195
- Sponsor Address: ONE CHURCH STREET, ROCKVILLE, MD, 20850
- Plan Type: 401(k)
- Total Participants: 57
- 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. |
|---|
| 2023 | 57 | $2.7M | $39,682 | $408,500 |
| 2022 | 80 | $4.8M | $35,990 | $369,364 |