Plan Snapshot
- Plan Sponsor: Magyar Bank
- Sponsor EIN: 221085787
- Sponsor Address: 400 SOMERSET STREET, NEW BRUNSWICK, NJ, 08901
- Plan Type: DC
- Total Participants: 80
- Total Assets: $6.9M
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 | 80 | $6.9M | $131,962 | $0 |
| 2023 | 71 | $5.3M | $141,102 | $0 |
| 2022 | 70 | $6.2M | $139,231 | $0 |