Plan Snapshot
- Plan Sponsor: Farmweld, INC.
- Sponsor EIN: 371319576
- Sponsor Address: 605 EAST MAIN ST., TEUTOPOLIS, IL, 62467
- Plan Type: 401(k)
- Total Participants: 28
- Total Assets: $8.1M
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 | 28 | $8.1M | $87,042 | $124,274 |
| 2023 | 68 | $8.1M | $207,242 | $169,330 |
| 2022 | 82 | $7.2M | $122,978 | $186,002 |