# Hometown Bank Of Corbin, INC. 401(k) Plan
Source: https://planprovider.pro/companies/hometown-bank-of-corbin-inc-401k-plan

> Hometown Bank Of Corbin, INC.'s 401(k) plan: 82 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Hometown Bank Of Corbin, INC.

- **Sponsor EIN:** 611353577

- **Sponsor Address:** P. O. BOX 1323, CORBIN, KY, 40702

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

- **Total Participants:** 82

- **Total Assets:** $5.2M

## 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|82|$5.2M|$125,241|$178,700|

| 2023|67|$5.0M|$108,811|$177,339|

| 2022|68|$4.5M|$102,395|$170,179|

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