Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Farris Fab. & Machine 401(K) Plan is a benefit plan reported by Farris Fab. & Machine, Inc under EIN 56-1241443 and plan number 002. The latest loaded filing year is 2023. The filing reports 184 participants and $1,065,132 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $1,065,132
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $1,065,132
- Net assets (BOY)
- $626,600
Income & contributions
- Employer contributions
- $150,000
- Participant contributions
- $222,640
- Total contributions
- $380,858
- Total income / additions
- $516,674
Expenses & distributions
- Benefits paid
- $62,930
- Administrative expenses
- $15,212
- Total expenses
- $78,142
- Net increase / (decrease)
- $438,532