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

> Faronano Enterprises, INC.'s 401(k) plan: 1 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

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

- **Sponsor EIN:** 883013649

- **Sponsor Address:** 12178 VALLEY QUAIL DRIVE, EL PASO, TX, 79936

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

- **Total Participants:** 1

- **Total Assets:** $176,623

## 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|1|$176,623|$0|$0|

| 2023|1|$175,544|$0|$0|

| 2022|1|$85,154|$0|$0|

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