# Furbay Electric Supply Co 401(k) Plan
Source: https://planprovider.pro/companies/furbay-electric-supply-co-401k-plan

> Furbay Electric Supply Co&#39;s 401(k) plan: 57 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Furbay Electric Supply Co

- **Sponsor EIN:** 340237420

- **Sponsor Address:** 208 SCHROYER AVE SW, CANTON, OH, 44702

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

- **Total Participants:** 57

- **Total Assets:** $3.5M

## 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|57|$3.5M|$150,000|$121,922|

| 2023|52|$3.0M|$150,000|$89,946|

| 2022|43|$2.6M|$141,840|$77,630|

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