Plan Snapshot
- Plan Sponsor: First Federal Savings Bank Of Lincolnton
- Sponsor EIN: 560499280
- Sponsor Address: 320 E MAIN STREET, LINCOLNTON, NC, 280923398
- Plan Type: 401(k)
- Total Participants: 49
- Total Assets: $9.7M
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 | 49 | $9.7M | $200,396 | $287,970 |
| 2023 | 45 | $8.6M | $174,836 | $273,912 |
| 2022 | 43 | $8.5M | $514,023 | $251,100 |