How big is Faircloth Machine Shop's plan?

Faircloth Machine Shop's plan reported $1.2M in assets and 20 participants for 2024.

Original filing (PDF)20251001050911NAL0012229153001

Faircloth Machine Shop

Name: Faircloth Machine Shop — Faircloth Machine Shop, Form 5500 (2024)
Creator: Faircloth Machine Shop
License: https://www.usa.gov/government-works

Form 5500-SF

FILING_RECEIVED

Faircloth Machine Shop 401(k) P/S Plan

401(k) retirement plan · Faircloth Machine Shop's Faircloth Machine Shop 401(k) P/S Plan held $1.2M in plan assets for 20 participants in 2024.

Active participants

Accounts w/ balance

Plan assets (EOY)

$1.2M

Net assets (EOY)

$1.2M

People on this filing

David Pannell signed Faircloth Machine Shop's 2024 Form 5500 as plan administrator.

David Pannell — 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

Faircloth Machine Shop's EIN is 56-1050671.

EIN 56-1050671

Plan number 001

Plan year 2024

ACK ID 20251001050911NAL0012229153001

Official Form 5500 document

Download the official 2024 Form 5500 (PDF) for Faircloth Machine Shop from the U.S. Department of Labor's EFAST2 system.

Download the official 2024 Form 5500 (PDF)

Plan features

Faircloth Machine Shop's plan includes profit-sharing, a 401(k) feature, ERISA 404(c) participant direction, a default investment (QDIA).

Decision-maker contacts

One unlock reveals every key decision-maker — plan signer, CFO, HR & Benefits — with verified email + LinkedIn for FAIRCLOTH MACHINE SHOP.

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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