Plan Snapshot
- Plan Sponsor: Parched America INC.
- Sponsor EIN: 822352394
- Sponsor Address: 191 PARTRIDGE DRIVE, LEXINGTON, NC, 27292
- Plan Type: 401(k)
- Total Participants: 2
- Total Assets: $245,245
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|
| 2025 | 2 | $245,245 | $0 | $0 |
| 2024 | 2 | $245,245 | $0 | $0 |
| 2023 | 3 | $10,000 | $0 | $0 |
| 2022 | 4 | $12,521 | $0 | $0 |