# La Plata Bancshares, INC. 401(k) Plan
Source: https://planprovider.pro/companies/la-plata-bancshares-inc-401k-plan

> La Plata Bancshares, INC.&#39;s 401(k) plan: 50 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** La Plata Bancshares, INC.

- **Sponsor EIN:** 752788780

- **Sponsor Address:** 301 WEST THIRD STREET, HEREFORD, TX, 79045

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

- **Total Participants:** 50

- **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:** Yes

## Plan Financials by Year

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

| 2024|50|$5.2M|$84,139|$250,126|

| 2023|48|$4.8M|$73,685|$237,851|

| 2022|42|$3.6M|$57,708|$192,313|

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