Plan Snapshot
- Plan Sponsor: La Plata Bancshares, INC.
- Sponsor EIN: 752788780
- Sponsor Address: 301 WEST THIRD STREET, HEREFORD, TX, 79045
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 55
- Total Assets: $6.3M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|
| 2025 | 55 | $6.3M | $0 | $0 |
| 2024 | 50 | $5.2M | $84,139 | $250,126 |
| 2023 | 48 | $4.8M | $73,685 | $237,851 |
| 2022 | 42 | $3.6M | $57,708 | $192,313 |