Plan Snapshot
- Plan Sponsor: Farmers Bank
- Sponsor EIN: 841599347
- Sponsor Address: 119 1ST STREET, AULT, CO, 80610
- Plan Type: 401(k)
- Total Participants: 34
- Total Assets: $6.6M
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 | 34 | $6.6M | $180,894 | $301,489 |
| 2023 | 32 | $5.8M | $172,290 | $280,869 |
| 2022 | 32 | $4.9M | $167,828 | $249,688 |