401(k) · DOL Form 5500 · 2024

Falmouth Scientific, Inc. 401(k) Plan

Data updated 2026-05-15

$803K
Total assets
21
Participants
21th
Percentile by assets
$38,218
Avg per participant

Sponsored by Falmouth Scientific, Inc. · Massachusetts · Manufacturing

What the 2024 filing shows

Falmouth Scientific, Inc. 401(k) Plan holds $803K for 21 participants - about $38,218 per participant, among the smaller plans by assets on file, up 29.3% over the 2024 plan year.

$803K
total plan assets (2024 EOY)
21
covered participants
21th
percentile by assets (of 116,472 plans)
$38,218
avg assets per participant
Industry
Manufacturing

401(k) · DOL Form 5500 · 2024

What the Filing Says About Falmouth Scientific, Inc. 401(k) Plan

Falmouth Scientific, Inc. 401(k) Plan is a 401(k) retirement plan sponsored by Falmouth Scientific, Inc., headquartered in Massachusetts. According to the U.S. Department of Labor's 2024 Form 5500 filing, the plan reports $803K in total end-of-year assets and covers 21 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 043060445, and the plan has been effective since 1995-09-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets grew sharply from $621K at the beginning of 2024 to $803K at year-end - up 29.3%. Net assets (after liabilities) closed the year at $803K, with reported net income of $182K driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Across the 3 plan years Falmouth Scientific, Inc. has on file with PlainRetire (2022-2024), sponsor-wide plan assets have moved from $441K to $803K, a gain of 81.9%, while reported participants moved from 21 to 21 (+0.0%). The strongest year on file by total sponsor assets was 2024 at $803K; the softest was 2022 at $441K. Year-by-year, sponsor-wide filings show: 2022 - $441K in assets across 1 plan covering 21 participants; 2023 - $621K in assets across 1 plan covering 21 participants; 2024 - $803K in assets across 1 plan covering 21 participants.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

How the percentile is calculated: we count every plan that filed a 2024 Form 5500 with a reported end-of-year asset figure (116,472 plans), rank Falmouth Scientific, Inc. 401(k) Plan against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.

Financial Summary (2024)

Total Assets (Beginning of Year)$621K
Total Assets (End of Year)$803K
Net Assets (End of Year)$803K
Net Income$182K
Plan Type401(k)
Employer EIN043060445
Plan Effective Date1995-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Falmouth Scientific, Inc.)

Year Plans Participants Total Assets
2022 1 21 $441K
2023 1 21 $621K
2024 1 21 $803K

Nearby 401(k) Plans in Massachusetts

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Frequently Asked Questions

How much money is in the Falmouth Scientific, Inc. 401(k) Plan?
As of the 2024 Form 5500 filing, Falmouth Scientific, Inc. 401(k) Plan holds $803K in total assets with 21 participants. It is sponsored by Falmouth Scientific, Inc..
What type of plan is Falmouth Scientific, Inc. 401(k) Plan?
Falmouth Scientific, Inc. 401(k) Plan is a 401(k) plan. It has been effective since 1995-09-01. The plan is filed with the U.S. Department of Labor under EIN 043060445.
Who sponsors the Falmouth Scientific, Inc. 401(k) Plan?
Falmouth Scientific, Inc. 401(k) Plan is sponsored by Falmouth Scientific, Inc., located in Massachusetts. The sponsor's EIN is 043060445 and the plan operates in the Manufacturing industry.
How did Falmouth Scientific, Inc. 401(k) Plan perform in 2024?
Falmouth Scientific, Inc. 401(k) Plan grew sharply - up 29.3% during 2024, moving from $621K to $803K in total assets. Net income was $182K.

What this filing means

Ways to act on Falmouth Scientific, Inc. 401(k) Plan's numbers.

  • By total assets, Falmouth Scientific, Inc. 401(k) Plan ranks among the smaller plans by assets on file. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Massachusetts. Compare plans
  • Falmouth Scientific, Inc.'s sponsor-wide assets have grown 81.9% since 2022 across 3 plan years on file. More Manufacturing plans
  • A 401(k) plan works differently from other retirement plan types, understand the structural differences before comparing. Compare plan types

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 043060445.

Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.

Every figure on PlainRetire is rendered directly from the Department of Labor's Form 5500 annual return filings, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-05-15.