Plan Snapshot
- Plan Sponsor: Hometown Bancshares, INC.
- Sponsor EIN: 550757685
- Sponsor Address: 103 DODD STREET, MIDDLEBOURNE, WV, 26149
- Plan Type: 401(k)
- Total Participants: 57
- Total Assets: $8.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|
| 2024 | 57 | $8.9M | $220,569 | $150,481 |
| 2023 | 58 | $7.9M | $241,685 | $149,015 |
| 2022 | 57 | $8.3M | $202,828 | $156,364 |