Plan Snapshot
- Plan Sponsor: Mutual Savings Bank
- Sponsor EIN: 350536745
- Sponsor Address: 80 EAST JEFFERSON STREET, FRANKLIN, IN, 46131
- Plan Type: 401(k)
- Total Participants: 47
- Total Assets: $3.5M
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 | 47 | $3.5M | $70,159 | $203,633 |
| 2023 | 44 | $2.7M | $62,758 | $205,018 |
| 2022 | 70 | $2.2M | $57,540 | $200,945 |