# Farmweld, INC. 401(k) Plan
Source: https://planprovider.pro/companies/farmweld-inc-401k-plan

> Farmweld, INC.'s 401(k) plan: 28 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|

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