# Faelan Enterprises, INC. 401(k) Plan
Source: https://planprovider.pro/companies/faelan-enterprises-inc-401k-plan

> Faelan Enterprises, INC.'s 401(k) plan: 4 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Faelan Enterprises, INC.

- **Sponsor EIN:** 462335598

- **Sponsor Address:** 664 NORTH DAHLIA PLACE, CANBY, OR, 97013

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

- **Total Participants:** 4

- **Total Assets:** $147,153

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|4|$147,153|$0|$0|

| 2023|3|$192,523|$0|$0|

| 2022|3|$189,523|$0|$0|

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