# Mutual Savings Bank 401(k) Plan
Source: https://planprovider.pro/companies/mutual-savings-bank-401k-plan

> Mutual Savings Bank's 401(k) plan: 47 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|

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