Plan Snapshot
- Plan Sponsor: Farrel Corporation
- Sponsor EIN: 222689245
- Sponsor Address: 1 FARREL BOULEVARD, ANSONIA, CT, 06401
- Plan Type: 401(k)
- Total Participants: 77
- Total Assets: $12.2M
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 | 77 | $12.2M | $180,438 | $684,366 |
| 2023 | 76 | $11.5M | $170,422 | $613,486 |
| 2022 | 75 | $10.0M | $159,301 | $685,026 |