# The Bank 401(k) Plan
Source: https://planprovider.pro/companies/the-bank-401k-plan

> The Bank's 401(k) plan: 80 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** The Bank

- **Sponsor EIN:** 742815524

- **Sponsor Address:** 1304 NORTH CUTTING AVENUE, JENNINGS, LA, 70546

- **Plan Type:** 401(k)

- **Total Participants:** 80

- **Total Assets:** $5.4M

## 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:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|80|$5.4M|$125,245|$255,430|

| 2023|79|$6.3M|$105,856|$245,157|

| 2022|65|$5.4M|$92,893|$217,477|

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