# Massachusetts Bankers Association 401(k) Plan
Source: https://planprovider.pro/companies/massachusetts-bankers-association-401k-plan

> Massachusetts Bankers Association's 401(k) plan: 16 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|

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