Plan Snapshot
- Plan Sponsor: The Dime Bank
- Sponsor EIN: 232628391
- Sponsor Address: P O BOX 509, HONESDALE, PA, 18431
- Plan Type: 401(k)
- Total Participants: 161
- Total Assets: $23.0M
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 | 161 | $23.0M | $763,380 | $1.1M |
| 2023 | 157 | $20.2M | $664,297 | $1.0M |
| 2022 | 158 | $17.7M | $689,933 | $936,951 |
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 |
|---|---|---|---|---|
| SR SNODGRASS | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SR SNODGRASS — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 |
|---|---|---|---|---|---|
| 2024 | $70,968 | $43,084 | — | — | — |
| 2023 | $74,790 | $47,736 | $1,200 | — | — |
| 2022 | $69,044 | — | — | — | — |