Cape Ann Savings Bank 401(k) Plan

Form 5500 filing data for plan year 2024.

Plan Snapshot

  • Plan Sponsor: Cape Ann Savings Bank
  • Sponsor EIN: 041148820
  • Sponsor Address: 109 MAIN STREET, GLOUCESTER, MA, 01930
  • Plan Type: 401(k)
  • Total Participants: 83
  • Total Assets: $12.6M

Key Plan Design Features

  • Auto-Enrollment: No
  • 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

YearParticipantsTotal AssetsEmployer Contrib.Employee Contrib.
202483$12.6M$0$606,225
202380$11.1M$0$580,672
202280$8.9M$0$510,602

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