# Parched America INC. 401(k) Plan
Source: https://planprovider.pro/companies/parched-america-inc-401k-plan

> Parched America INC.'s 401(k) plan: 2 participants, plan year 2025 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2025.

## 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|

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