# The Hometown Savings Bank 401(k) Plan
Source: https://planprovider.pro/companies/the-hometown-savings-bank-401k-plan-002-0260

> The Hometown Savings Bank's 401(k) plan: 106 participants, plan year 2023 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2023.

## Plan Snapshot

- **Plan Sponsor:** The Hometown Savings Bank

- **Sponsor EIN:** 440160260

- **Sponsor Address:** P.O. BOX 9629, TERRE HAUTE, IN, 47808

- **Plan Type:** 401(k)

- **Total Participants:** 106

- **Total Assets:** $13.8M

## 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.|

| 2023|106|$13.8M|$379,099|$451,455|

## 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|

| FORVIS MAZARS, LLP|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [FORVIS MAZARS, LLP](https://planprovider.pro/provider/forvis-mazars-llp) — 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|

| 2023|$13,616|—|$8,376|—|—|

## Similar Plans

- [The Hometown Savings Bank](https://planprovider.pro/companies/the-hometown-savings-bank-401k-plan) — 106 participants

- [Greenfield Banking Company](https://planprovider.pro/companies/greenfield-banking-company-plan-001) — 25 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/the-hometown-savings-bank-401k-plan-002-0260)

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