# Generations Bank 401(k) Plan
Source: https://planprovider.pro/companies/generations-bank-150443420-004

> Generations Bank's 401(k) plan: 54 participants, plan year 2025 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2025.

## Plan Snapshot

- **Plan Sponsor:** Generations Bank

- **Sponsor EIN:** 150443420

- **Sponsor Address:** 20 E BAYARD ST, SENECA FALLS, NY, 131481623

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

- **Plan Number:** 004

- **Total Participants:** 54

- **Total Assets:** $3.7M

## 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.|

| 2025|54|$3.7M|$0|$0|

| 2024|68|$3.4M|$59,828|$272,203|

| 2023|77|$3.2M|$58,524|$273,100|

| 2022|75|$3.0M|$57,602|$256,314|

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