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
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
| 2024 | 83 | $12.6M | $0 | $606,225 |
| 2023 | 80 | $11.1M | $0 | $580,672 |
| 2022 | 80 | $8.9M | $0 | $510,602 |