# Farrel Corporation 401(k) Plan
Source: https://planprovider.pro/companies/farrel-corporation-401k-plan

> Farrel Corporation's 401(k) plan: 77 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|

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