How big is Ferrum Process Systems Inc.'s plan?

Ferrum Process Systems Inc.'s plan reported $1.1M in assets and 39 participants for 2024.

Original filing (PDF)20250611112424NAL0025893360002

Ferrum Process Systems Inc.

Name: Ferrum Process Systems Inc. — Ferrum Group Companies, Form 5500 (2024)
Creator: Ferrum Process Systems Inc.
License: https://www.usa.gov/government-works

Form 5500-SF

FILING_RECEIVED

Ferrum Group Companies Profit Sharing Plan

401(k) retirement plan · Ferrum Process Systems Inc.'s Ferrum Group Companies Profit Sharing Plan held $1.1M in plan assets for 39 participants in 2024.

Active participants

Accounts w/ balance

Plan assets (EOY)

$1.1M

Net assets (EOY)

$1.1M

People on this filing

Richard Danoff signed Ferrum Process Systems Inc.'s 2024 Form 5500 as plan administrator.

Richard Danoff — Plan Administrator — Form 5500 signer

Get verified email & phone for these signers

Signer names are public record from the Form 5500 e-signature.

Plan identifiers

Ferrum Process Systems Inc.'s EIN is 52-2198061.

EIN 52-2198061

Plan number 001

Plan year 2024

ACK ID 20250611112424NAL0025893360002

Official Form 5500 document

Download the official 2024 Form 5500 (PDF) for Ferrum Process Systems Inc. from the U.S. Department of Labor's EFAST2 system.

Download the official 2024 Form 5500 (PDF)

Plan features

Ferrum Process Systems Inc.'s plan includes profit-sharing, ERISA 404(c) participant direction, a 401(k) feature, a default investment (QDIA).

Decision-maker contacts

One unlock reveals every key decision-maker — plan signer, CFO, HR & Benefits — with verified email + LinkedIn for FERRUM PROCESS SYSTEMS INC..

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Plan health score

Above-average plan

Directional indicator from public Form 5500 data — compliance & integrity, total plan cost, participant health and vendor stack, benchmarked against same-size peers. Not a fiduciary tool. Based on 70% of scoring inputs for this filing.

Compliance & integrity

100

Total plan cost

n/a

Plan health

Vendor & structure

100

Knocking points off