# Fail Telecommunications Corporation 401(k) Plan
Source: https://planprovider.pro/companies/fail-telecommunications-corporation-401k-plan

> Fail Telecommunications Corporation's 401(k) plan: 52 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Fail Telecommunications Corporation

- **Sponsor EIN:** 640810143

- **Sponsor Address:** PO BOX 922, BAY SPRINGS, MS, 39422

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

- **Total Participants:** 52

- **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|52|$1.4M|$15,670|$87,596|

| 2023|53|$1.3M|$17,259|$77,978|

| 2022|65|$1.2M|$27,493|$86,914|

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