# Edwards Faust & Smith 401(k) Plan
Source: https://planprovider.pro/companies/edwards-faust-smith-401k-plan

> Edwards Faust & Smith's 401(k) plan: 10 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Edwards Faust & Smith

- **Sponsor EIN:** 010463272

- **Sponsor Address:** 15 COLUMBIA ST STE 201, BANGOR, ME, 044016355

- **Plan Type:** 401(k)

- **Total Participants:** 10

- **Total Assets:** $1.5M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** Yes

- **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|$1.5M|$49,288|$34,748|

| 2023|10|$1.2M|$45,473|$37,730|

| 2022|10|$1.1M|$45,801|$47,416|

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