# Argan INC. 401(k) Plan
Source: https://planprovider.pro/companies/argan-inc-401k-plan

> Argan INC.'s 401(k) plan: 57 participants, plan year 2023 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2023.

## 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|

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