Farason Corporation
Plan context: Farason Corporation 401K Profit Sharing Plan & Trust
EIN 23-2653379 • Coatesville, PA • 26 filings • 4 plans
Current Snapshot
Latest Year
2024
2024 Participants
51
2024 Assets
$6,035,618
2024 Contributions
$349,911
Historical Graphs
Total Assets Over Time
Aggregate end-of-year assets by filing year, excluding zero-asset years
Participants Over Time
Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans
Company Timeline
Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.
| Year / Filing | Filings | Participants | Assets | Contributions | Contrib./Participant |
|---|---|---|---|---|---|
| 2024 | 1 | 51 | $6,035,618 | $349,911 | $6,861iApproximate average salary by contribution assumption: employee only about $171,525 at 4% or $114,350 at 6%; with 50% employer match about $114,350 at 4% or $76,233 at 6%; with 100% employer match about $85,763 at 4% or $57,175 at 6%. |
| Farason Corporation 401K Profit Sharing Plan & Trust | - | 51 | $6,035,618 | $349,911 | $6,861iApproximate average salary by contribution assumption: employee only about $171,525 at 4% or $114,350 at 6%; with 50% employer match about $114,350 at 4% or $76,233 at 6%; with 100% employer match about $85,763 at 4% or $57,175 at 6%. |
| 2023 | 1 | 46 | $4,988,017 | $386,457 | $8,401iApproximate average salary by contribution assumption: employee only about $210,031 at 4% or $140,021 at 6%; with 50% employer match about $140,021 at 4% or $93,347 at 6%; with 100% employer match about $105,015 at 4% or $70,010 at 6%. |
| Farason Corporation 401K Profit Sharing Plan & Trust | - | 46 | $4,988,017 | $386,457 | $8,401iApproximate average salary by contribution assumption: employee only about $210,031 at 4% or $140,021 at 6%; with 50% employer match about $140,021 at 4% or $93,347 at 6%; with 100% employer match about $105,015 at 4% or $70,010 at 6%. |
| 2022 | 1 | 47 | $4,117,074 | $410,089 | $8,725iApproximate average salary by contribution assumption: employee only about $218,132 at 4% or $145,422 at 6%; with 50% employer match about $145,422 at 4% or $96,948 at 6%; with 100% employer match about $109,066 at 4% or $72,711 at 6%. |
| Farason Corporation 401K Profit Sharing Plan & Trust | - | 47 | $4,117,074 | $410,089 | $8,725iApproximate average salary by contribution assumption: employee only about $218,132 at 4% or $145,422 at 6%; with 50% employer match about $145,422 at 4% or $96,948 at 6%; with 100% employer match about $109,066 at 4% or $72,711 at 6%. |
| 2021 | 1 | 46 | $4,689,613 | $360,159 | $7,830iApproximate average salary by contribution assumption: employee only about $195,739 at 4% or $130,492 at 6%; with 50% employer match about $130,492 at 4% or $86,995 at 6%; with 100% employer match about $97,869 at 4% or $65,246 at 6%. |
| Farason Corporation 401K Profit Sharing Plan & Trust | - | 46 | $4,689,613 | $360,159 | $7,830iApproximate average salary by contribution assumption: employee only about $195,739 at 4% or $130,492 at 6%; with 50% employer match about $130,492 at 4% or $86,995 at 6%; with 100% employer match about $97,869 at 4% or $65,246 at 6%. |
| 2020 | 1 | 43 | $3,997,793 | $304,113 | $7,072iApproximate average salary by contribution assumption: employee only about $176,810 at 4% or $117,873 at 6%; with 50% employer match about $117,873 at 4% or $78,582 at 6%; with 100% employer match about $88,405 at 4% or $58,937 at 6%. |
| Farason Corporation 401K Profit Sharing Plan & Trust | - | 43 | $3,997,793 | $304,113 | $7,072iApproximate average salary by contribution assumption: employee only about $176,810 at 4% or $117,873 at 6%; with 50% employer match about $117,873 at 4% or $78,582 at 6%; with 100% employer match about $88,405 at 4% or $58,937 at 6%. |
| 2019 | 1 | 45 | $3,448,326 | $404,263 | $8,984iApproximate average salary by contribution assumption: employee only about $224,591 at 4% or $149,727 at 6%; with 50% employer match about $149,727 at 4% or $99,818 at 6%; with 100% employer match about $112,295 at 4% or $74,864 at 6%. |
| Farason Corporation 401K Profit Sharing Plan & Trust | - | 45 | $3,448,326 | $404,263 | $8,984iApproximate average salary by contribution assumption: employee only about $224,591 at 4% or $149,727 at 6%; with 50% employer match about $149,727 at 4% or $99,818 at 6%; with 100% employer match about $112,295 at 4% or $74,864 at 6%. |
| 2018 | 1 | 48 | $2,628,655 | $236,428 | $4,926iApproximate average salary by contribution assumption: employee only about $123,140 at 4% or $82,093 at 6%; with 50% employer match about $82,093 at 4% or $54,729 at 6%; with 100% employer match about $61,570 at 4% or $41,047 at 6%. |
| Farason Corporation 401K Profit Sharing Plan & Trust | - | 48 | $2,628,655 | $236,428 | $4,926iApproximate average salary by contribution assumption: employee only about $123,140 at 4% or $82,093 at 6%; with 50% employer match about $82,093 at 4% or $54,729 at 6%; with 100% employer match about $61,570 at 4% or $41,047 at 6%. |
| 2017 | 1 | 43 | $2,607,434 | $253,894 | $5,905iApproximate average salary by contribution assumption: employee only about $147,613 at 4% or $98,409 at 6%; with 50% employer match about $98,409 at 4% or $65,606 at 6%; with 100% employer match about $73,806 at 4% or $49,204 at 6%. |
| Farason Corporation 401K Profit Sharing Plan & Trust | - | 43 | $2,607,434 | $253,894 | $5,905iApproximate average salary by contribution assumption: employee only about $147,613 at 4% or $98,409 at 6%; with 50% employer match about $98,409 at 4% or $65,606 at 6%; with 100% employer match about $73,806 at 4% or $49,204 at 6%. |
| 2016 | 1 | 39 | $2,177,696 | $213,157 | $5,466iApproximate average salary by contribution assumption: employee only about $136,639 at 4% or $91,093 at 6%; with 50% employer match about $91,093 at 4% or $60,728 at 6%; with 100% employer match about $68,320 at 4% or $45,546 at 6%. |
| Farason Corporation 401K Profit Sharing Plan & Trust | - | 39 | $2,177,696 | $213,157 | $5,466iApproximate average salary by contribution assumption: employee only about $136,639 at 4% or $91,093 at 6%; with 50% employer match about $91,093 at 4% or $60,728 at 6%; with 100% employer match about $68,320 at 4% or $45,546 at 6%. |
| 2015 | 1 | 37 | $1,822,533 | $178,352 | $4,820iApproximate average salary by contribution assumption: employee only about $120,508 at 4% or $80,339 at 6%; with 50% employer match about $80,339 at 4% or $53,559 at 6%; with 100% employer match about $60,254 at 4% or $40,169 at 6%. |
| Farason Corporation 401K Profit Sharing Plan & Trust | - | 37 | $1,822,533 | $178,352 | $4,820iApproximate average salary by contribution assumption: employee only about $120,508 at 4% or $80,339 at 6%; with 50% employer match about $80,339 at 4% or $53,559 at 6%; with 100% employer match about $60,254 at 4% or $40,169 at 6%. |
| 2014 | 1 | 37 | $1,694,755 | $156,954 | $4,242iApproximate average salary by contribution assumption: employee only about $106,050 at 4% or $70,700 at 6%; with 50% employer match about $70,700 at 4% or $47,133 at 6%; with 100% employer match about $53,025 at 4% or $35,350 at 6%. |
| Farason Corporation 401K Profit Sharing Plan & Trust | - | 37 | $1,694,755 | $156,954 | $4,242iApproximate average salary by contribution assumption: employee only about $106,050 at 4% or $70,700 at 6%; with 50% employer match about $70,700 at 4% or $47,133 at 6%; with 100% employer match about $53,025 at 4% or $35,350 at 6%. |
| 2013 | 1 | 34 | $1,457,184 | $141,942 | $4,175iApproximate average salary by contribution assumption: employee only about $104,369 at 4% or $69,579 at 6%; with 50% employer match about $69,579 at 4% or $46,386 at 6%; with 100% employer match about $52,185 at 4% or $34,790 at 6%. |
| Farason Corporation 401K Profit Sharing Plan & Trust | - | 34 | $1,457,184 | $141,942 | $4,175iApproximate average salary by contribution assumption: employee only about $104,369 at 4% or $69,579 at 6%; with 50% employer match about $69,579 at 4% or $46,386 at 6%; with 100% employer match about $52,185 at 4% or $34,790 at 6%. |
| 2012 | 1 | 33 | $1,062,669 | $137,428 | $4,164iApproximate average salary by contribution assumption: employee only about $104,112 at 4% or $69,408 at 6%; with 50% employer match about $69,408 at 4% or $46,272 at 6%; with 100% employer match about $52,056 at 4% or $34,704 at 6%. |
| Farason Corporation 401K Profit Sharing Plan & Trust | - | 33 | $1,062,669 | $137,428 | $4,164iApproximate average salary by contribution assumption: employee only about $104,112 at 4% or $69,408 at 6%; with 50% employer match about $69,408 at 4% or $46,272 at 6%; with 100% employer match about $52,056 at 4% or $34,704 at 6%. |
| 2011 | 1 | 33 | $844,492 | $101,784 | $3,084iApproximate average salary by contribution assumption: employee only about $77,109 at 4% or $51,406 at 6%; with 50% employer match about $51,406 at 4% or $34,271 at 6%; with 100% employer match about $38,555 at 4% or $25,703 at 6%. |
| Farason Corporation 401K Profit Sharing Plan & Trust | - | 33 | $844,492 | $101,784 | $3,084iApproximate average salary by contribution assumption: employee only about $77,109 at 4% or $51,406 at 6%; with 50% employer match about $51,406 at 4% or $34,271 at 6%; with 100% employer match about $38,555 at 4% or $25,703 at 6%. |
| 2010 | 1 | 23 | $761,962 | $81,940 | $3,563iApproximate average salary by contribution assumption: employee only about $89,065 at 4% or $59,377 at 6%; with 50% employer match about $59,377 at 4% or $39,585 at 6%; with 100% employer match about $44,533 at 4% or $29,688 at 6%. |
| Farason Corporation 401K Profit Sharing Plan & Trust | - | 23 | $761,962 | $81,940 | $3,563iApproximate average salary by contribution assumption: employee only about $89,065 at 4% or $59,377 at 6%; with 50% employer match about $59,377 at 4% or $39,585 at 6%; with 100% employer match about $44,533 at 4% or $29,688 at 6%. |
| 2009 | 1 | 23 | $601,408 | $78,167 | $3,399iApproximate average salary by contribution assumption: employee only about $84,964 at 4% or $56,643 at 6%; with 50% employer match about $56,643 at 4% or $37,762 at 6%; with 100% employer match about $42,482 at 4% or $28,321 at 6%. |
| Farason Corporation 401K Profit Sharing Plan & Trust | - | 23 | $601,408 | $78,167 | $3,399iApproximate average salary by contribution assumption: employee only about $84,964 at 4% or $56,643 at 6%; with 50% employer match about $56,643 at 4% or $37,762 at 6%; with 100% employer match about $42,482 at 4% or $28,321 at 6%. |
| 2008 | 1 | 24 | $471,650 | $107,788 | $4,491iApproximate average salary by contribution assumption: employee only about $112,279 at 4% or $74,853 at 6%; with 50% employer match about $74,853 at 4% or $49,902 at 6%; with 100% employer match about $56,140 at 4% or $37,426 at 6%. |
| Farason Corporation 401K Profit Sharing Plan & Trust | - | 24 | $471,650 | $107,788 | $4,491iApproximate average salary by contribution assumption: employee only about $112,279 at 4% or $74,853 at 6%; with 50% employer match about $74,853 at 4% or $49,902 at 6%; with 100% employer match about $56,140 at 4% or $37,426 at 6%. |
| 2007 | 1 | 26 | $0 | $0 | - |
| Farason Corporation 401K Profit Sharing Plan & Trust | - | 26 | - | - | - |
| 2006 | 1 | 26 | $574,743 | $55,262 | $2,125iApproximate average salary by contribution assumption: employee only about $53,137 at 4% or $35,424 at 6%; with 50% employer match about $35,424 at 4% or $23,616 at 6%; with 100% employer match about $26,568 at 4% or $17,712 at 6%. |
| Farason Corporation 401K Profit Sharing Plan & Trust | - | 26 | $574,743 | $55,262 | $2,125iApproximate average salary by contribution assumption: employee only about $53,137 at 4% or $35,424 at 6%; with 50% employer match about $35,424 at 4% or $23,616 at 6%; with 100% employer match about $26,568 at 4% or $17,712 at 6%. |
| 2005 | 1 | 27 | $467,351 | $60,348 | $2,235iApproximate average salary by contribution assumption: employee only about $55,878 at 4% or $37,252 at 6%; with 50% employer match about $37,252 at 4% or $24,835 at 6%; with 100% employer match about $27,939 at 4% or $18,626 at 6%. |
| Farason Corporation 401K Profit Sharing Plan & Trust | - | 27 | $467,351 | $60,348 | $2,235iApproximate average salary by contribution assumption: employee only about $55,878 at 4% or $37,252 at 6%; with 50% employer match about $37,252 at 4% or $24,835 at 6%; with 100% employer match about $27,939 at 4% or $18,626 at 6%. |
| 2004 | 1 | 31 | $413,471 | $66,042 | $2,130iApproximate average salary by contribution assumption: employee only about $53,260 at 4% or $35,506 at 6%; with 50% employer match about $35,506 at 4% or $23,671 at 6%; with 100% employer match about $26,630 at 4% or $17,753 at 6%. |
| Farason Corporation 401K Profit Sharing Plan & Trust | - | 31 | $413,471 | $66,042 | $2,130iApproximate average salary by contribution assumption: employee only about $53,260 at 4% or $35,506 at 6%; with 50% employer match about $35,506 at 4% or $23,671 at 6%; with 100% employer match about $26,630 at 4% or $17,753 at 6%. |
| 2003 | 1 | 28 | $333,596 | $54,670 | $1,953iApproximate average salary by contribution assumption: employee only about $48,813 at 4% or $32,542 at 6%; with 50% employer match about $32,542 at 4% or $21,694 at 6%; with 100% employer match about $24,406 at 4% or $16,271 at 6%. |
| Farason Corporation 401K Profit Sharing Plan & Trust | - | 28 | $333,596 | $54,670 | $1,953iApproximate average salary by contribution assumption: employee only about $48,813 at 4% or $32,542 at 6%; with 50% employer match about $32,542 at 4% or $21,694 at 6%; with 100% employer match about $24,406 at 4% or $16,271 at 6%. |
| 2002 | 1 | 26 | $223,837 | $51,913 | $1,997iApproximate average salary by contribution assumption: employee only about $49,916 at 4% or $33,278 at 6%; with 50% employer match about $33,278 at 4% or $22,185 at 6%; with 100% employer match about $24,958 at 4% or $16,639 at 6%. |
| Farason Corporation 401K Profit Sharing Plan & Trust | - | 26 | $223,837 | $51,913 | $1,997iApproximate average salary by contribution assumption: employee only about $49,916 at 4% or $33,278 at 6%; with 50% employer match about $33,278 at 4% or $22,185 at 6%; with 100% employer match about $24,958 at 4% or $16,639 at 6%. |
| 2001 | 1 | 27 | $237,305 | $59,048 | $2,187iApproximate average salary by contribution assumption: employee only about $54,674 at 4% or $36,449 at 6%; with 50% employer match about $36,449 at 4% or $24,300 at 6%; with 100% employer match about $27,337 at 4% or $18,225 at 6%. |
| Farason Corporation 401K Profit Sharing Plan & Trust | - | 27 | $237,305 | $59,048 | $2,187iApproximate average salary by contribution assumption: employee only about $54,674 at 4% or $36,449 at 6%; with 50% employer match about $36,449 at 4% or $24,300 at 6%; with 100% employer match about $27,337 at 4% or $18,225 at 6%. |
| 2000 | 1 | 29 | $0 | $0 | - |
| Farason Corporation 401K Profit Sharing Plan & Trust | - | 29 | - | - | - |
| 1999 | 1 | 32 | $224,250 | $82,788 | $2,587iApproximate average salary by contribution assumption: employee only about $64,678 at 4% or $43,119 at 6%; with 50% employer match about $43,119 at 4% or $28,746 at 6%; with 100% employer match about $32,339 at 4% or $21,559 at 6%. |
| Farason Corporation 401K Profit Sharing Plan & Trust | - | 32 | $224,250 | $82,788 | $2,587iApproximate average salary by contribution assumption: employee only about $64,678 at 4% or $43,119 at 6%; with 50% employer match about $43,119 at 4% or $28,746 at 6%; with 100% employer match about $32,339 at 4% or $21,559 at 6%. |