Plan Snapshot
- Plan Sponsor: Massachusetts Bankers Association
- Sponsor EIN: 041589780
- Sponsor Address: 1 WASHINGTON MALL, BOSTON, MA, 021083906
- Plan Type: 401(k)
- Total Participants: 16
- Total Assets: $8.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 16 | $8.2M | $162,271 | $282,775 |
| 2023 | 15 | $7.8M | $121,569 | $247,853 |
| 2022 | 11 | $7.2M | $122,407 | $239,710 |