Plan Snapshot
- Plan Sponsor: Generations Bank
- Sponsor EIN: 150443420
- Sponsor Address: 20 E BAYARD ST, SENECA FALLS, NY, 131481623
- Plan Type: 401(k)
- 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 | $60,610 | $260,460 |
| 2024 | 68 | $3.4M | $59,828 | $272,203 |
| 2023 | 77 | $3.2M | $58,524 | $273,100 |
| 2022 | 75 | $3.0M | $57,602 | $256,314 |