Plan Snapshot
- Plan Sponsor: Southern Fabricators INC.
- Sponsor EIN: 560928892
- Sponsor Address: PO BOX 97, POLKTON, NC, 28135
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 130
- Total Assets: $5.5M
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. |
|---|
| 2023 | 130 | $5.5M | $189,535 | $274,576 |
| 2022 | 140 | $4.7M | $0 | $0 |
| 2021 | 142 | $4.5M | $184,319 | $274,789 |
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