# Greenfield Savings Bank 401(k) Plan
Source: https://planprovider.pro/companies/greenfield-savings-bank-401k-plan

> Greenfield Savings Bank's 401(k) plan: 203 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Greenfield Savings Bank

- **Sponsor EIN:** 810669576

- **Sponsor Address:** PO BOX 1537, GREENFIELD, MA, 01302

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

- **Total Participants:** 203

- **Total Assets:** $24.7M

## 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.|

| 2024|203|$24.7M|$525,136|$971,245|

| 2023|203|$21.2M|$413,161|$896,645|

| 2022|197|$19.0M|$374,418|$996,390|

## 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|$4,275|—|$4,075|—|—|

| 2023|$1,750|—|$1,550|—|—|

| 2022|$1,325|—|—|—|—|

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