# Fayette Bancshares, INC. 401(k) Plan
Source: https://planprovider.pro/companies/fayette-bancshares-inc-401k-plan

> Fayette Bancshares, INC.'s 401(k) plan: 39 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Fayette Bancshares, INC.

- **Sponsor EIN:** 861179711

- **Sponsor Address:** 111 E TRAVIS ST., LAGRANGE, TX, 78945

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

- **Total Participants:** 39

- **Total Assets:** $4.4M

## 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|39|$4.4M|$449,203|$275,102|

| 2023|39|$3.4M|$459,884|$274,633|

| 2022|36|$2.4M|$0|$237,733|

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