# Alma Bank 401(k) Plan
Source: https://planprovider.pro/companies/alma-bank-401k-plan

> Alma Bank&#39;s 401(k) plan: 163 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Alma Bank

- **Sponsor EIN:** 760839230

- **Sponsor Address:** 31 10 37TH AVENUE, 400, LONG ISLAND CITY, NY, 11101

- **Plan Type:** 401(k)

- **Total Participants:** 163

- **Total Assets:** $12.9M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** Yes

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|163|$12.9M|$575,840|$951,354|

| 2023|163|$11.2M|$542,194|$879,683|

| 2022|164|$8.9M|$446,308|$749,067|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| WISS & COMPANY, LLP|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [WISS & COMPANY, LLP](https://planprovider.pro/provider/wiss-and-company) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $0

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2024|$61,206|$34,023|$300|—|—|

| 2023|$49,038|$27,940|—|—|—|

| 2022|$55,585|—|—|—|—|

## Similar Plans

- [First National Bank Of Scotia](https://planprovider.pro/companies/first-national-bank-of-scotia-401k-plan) — 162 participants

- [Hanover Community Bank](https://planprovider.pro/companies/hanover-community-bank-401k-plan) — 165 participants

- [Intesa Sanpaolo S.P.A.](https://planprovider.pro/companies/intesa-sanpaolo-s-p-a-401k-plan) — 167 participants

- [Habib American Bank (Hab Bank)](https://planprovider.pro/companies/habib-american-bank-401k-plan) — 169 participants

- [Mega International Commercial Bank Co., Ltd.](https://planprovider.pro/companies/mega-international-commercial-bank-co-ltd-401k-plan) — 156 participants

- [Genesee Regional Bank](https://planprovider.pro/companies/genesee-regional-bank-401k-plan) — 154 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/alma-bank-401k-plan)

&copy; 2026 PlanProvider.Pro
