Plan Snapshot
- Plan Sponsor: The Bank Of Greene County
- Sponsor EIN: 140553610
- Sponsor Address: 302 MAIN STREET, CATSKILL, NY, 12414
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 268
- Total Assets: $25.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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. |
|---|---|---|---|---|
| 2025 | 268 | $25.0M | $0 | $0 |
| 2024 | 198 | $25.3M | $524,759 | $1.1M |
| 2023 | 200 | $24.3M | $489,852 | $976,993 |
| 2022 | 200 | $21.3M | $436,115 | $878,440 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| EMPOWER LIFE & ANNUITY INSURANCE CO | Recordkeeper | $33,826 | — | $33,826 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $33,826
- Estimated Expense Ratio: 0.135% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2025 | $4,119,635 | — | $38,060 | — | — |
| 2024 | $32,625 | — | $32,625 | — | — |
| 2023 | $25,011 | — | $25,011 | — | — |
| 2022 | $23,909 | — | — | — | $23,909 |