Plan Snapshot
- Plan Sponsor: Fomas, INC.
- Sponsor EIN: 270986620
- Sponsor Address: 500 WALLACE WAY, YORK, SC, 29745
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 127
- Total Assets: $8.2M
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 | 127 | $8.2M | $236,042 | $300,311 |
| 2023 | 108 | $8.6M | $221,911 | $267,585 |
| 2022 | 105 | $7.6M | $222,182 | $266,632 |