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

> Dime Bank's 401(k) plan: 152 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Dime Bank

- **Sponsor EIN:** 060322790

- **Sponsor Address:** 290 SALEM TURNPIKE, NORWICH, CT, 06360

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

- **Total Participants:** 152

- **Total Assets:** $26.4M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **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|152|$26.4M|$649,001|$938,117|

| 2023|155|$25.8M|$659,672|$934,560|

| 2022|156|$23.0M|$605,878|$957,080|

## 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|

| WOLF & COMPANY, P.C.|Auditor|—|—|$0|

## 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|$8,863|—|$8,863|—|—|

| 2023|$8,310|—|$8,310|—|—|

| 2022|$13,447|—|$13,447|—|—|

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