Plan Snapshot
- Plan Sponsor: Salem Five Cents Savings Bank
- Sponsor EIN: 041802790
- Sponsor Address: 210 ESSEX STREET, SALEM, MA, 01970
- Plan Type: DB
- Plan Number: 001
- Total Participants: 96
- Total Assets: $75.2M
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. |
|---|
| 2023 | 96 | $75.2M | $0 | $0 |
| 2022 | 106 | $67.2M | $3.5M | $0 |