Plan Snapshot
- Plan Sponsor: The Bank Of Richmondville
- Sponsor EIN: 140486900
- Sponsor Address: P.O. BOX 40, COBLESKILL, NY, 120430040
- Plan Type: 401(k)
- Total Participants: 32
- Total Assets: $5.7M
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 | 32 | $5.7M | $45,406 | $180,568 |
| 2023 | 29 | $5.4M | $83,113 | $175,810 |
| 2022 | 29 | $4.2M | $75,548 | $145,918 |