# Thomaston Savings Bank 401(k) Plan
Source: https://planprovider.pro/companies/thomaston-savings-bank-401k-plan

> Thomaston Savings Bank's 401(k) plan: 253 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Thomaston Savings Bank

- **Sponsor EIN:** 060561730

- **Sponsor Address:** 203 MAIN STREET, THOMASTON, CT, 06787

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

- **Total Participants:** 253

- **Total Assets:** $25.7M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **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|253|$25.7M|$849,671|$1.4M|

| 2023|228|$23.8M|$642,771|$1.4M|

| 2022|233|$20.6M|$669,091|$1.3M|

## 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|

| WHITTLESEY|Auditor|—|—|$0|

## 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|$70,432|$15,056|—|—|—|

| 2023|$46,341|$10,000|—|—|—|

| 2022|$69,667|$39,138|$25,835|—|$4,694|

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