Plan Snapshot
- Plan Sponsor: Farragut Systems, INC.
- Sponsor EIN: 264700241
- Sponsor Address: 2775 MERIDIAN PKWY, DURHAM, NC, 277132204
- Plan Type: 401(k)
- Total Participants: 41
- Total Assets: $9.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 41 | $9.8M | $109,025 | $522,308 |
| 2023 | 45 | $8.4M | $118,488 | $594,858 |
| 2022 | 55 | $7.4M | $132,337 | $587,828 |