Plan Snapshot
- Plan Sponsor: Franklin State Bank & Trust Co.
- Sponsor EIN: 720188710
- Sponsor Address: P.O. BOX 940, WINNSBORO, LA, 712950940
- Plan Type: 401(k)
- Total Participants: 53
- Total Assets: $8.9M
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 | 53 | $8.9M | $191,554 | $175,241 |
| 2023 | 56 | $9.3M | $201,659 | $159,334 |
| 2022 | 39 | $8.3M | $144,365 | $136,781 |