# Chesapeake Bancorp 401(k) Plan
Source: https://planprovider.pro/companies/chesapeake-bancorp-401k-plan

> Chesapeake Bancorp's 401(k) plan: 16 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Chesapeake Bancorp

- **Sponsor EIN:** 521731907

- **Sponsor Address:** 245 HIGH STREET, CHESTERTOWN, MD, 216201517

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

- **Total Participants:** 16

- **Total Assets:** $6.9M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

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

| 2024|16|$6.9M|$140,296|$102,786|

| 2023|19|$5.8M|$108,915|$113,553|

| 2022|16|$4.7M|$98,099|$99,626|

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