# Hometown Bank DC Plan
Source: https://planprovider.pro/companies/hometown-bank-plan-002

> Hometown Bank's DC plan: 48 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

- **Sponsor EIN:** 340295215

- **Sponsor Address:** 142 N. WATER STREET, KENT, OH, 44240

- **Plan Type:** DC

- **Total Participants:** 48

- **Total Assets:** $980,675

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|48|$980,675|$62,902|$0|

| 2023|48|$980,675|$62,902|$0|

| 2022|57|$1.0M|$63,000|$0|

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