Plan Snapshot
- Plan Sponsor: The Bank Of Charlotte County
- Sponsor EIN: 540132880
- Sponsor Address: P.O. BOX 336, PHENIX, VA, 23959
- Plan Type: 401(k)
- Total Participants: 47
- Total Assets: $9.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | $9.1M | $254,804 | $185,698 |
| 2023 | 45 | $7.9M | $226,968 | $169,242 |
| 2022 | 41 | $7.2M | $218,920 | $173,402 |