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

> The Bank Of Richmondville's 401(k) plan: 32 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 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|

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