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

> Torrington Savings Bank's 401(k) plan: 123 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Torrington Savings Bank

- **Sponsor EIN:** 060564890

- **Sponsor Address:** 129 MAIN STREET, TORRINGTON, CT, 06790

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

- **Total Participants:** 123

- **Total Assets:** $26.7M

## 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|123|$26.7M|$809,699|$825,538|

| 2023|121|$24.9M|$737,433|$749,627|

| 2022|112|$21.5M|$224,164|$687,849|

## 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|

| CARON & BLETZER, PLLC|Auditor|$1,500|—|$1,500|

### Verified Provider Profiles

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

- [CARON & BLETZER, PLLC](https://planprovider.pro/provider/caron-bletzer) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $1,500

- **Estimated Expense Ratio:** 0.006% of plan assets

### 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|$106,390|$38,154|—|$1,500|—|

| 2023|$105,375|—|—|—|—|

| 2022|$62,863|$62,863|—|—|—|

## Similar Plans

- [First County Bank](https://planprovider.pro/companies/first-county-bank-plan-001) — 126 participants

- [Bankwell Financial Group, INC.](https://planprovider.pro/companies/bankwell-financial-group-inc-401k-plan) — 145 participants

- [Connecticut Mutual Holding Company](https://planprovider.pro/companies/connecticut-mutual-holding-company-401k-plan) — 151 participants

- [Dime Bank](https://planprovider.pro/companies/dime-bank-401k-plan) — 152 participants

- [The Milford Bank](https://planprovider.pro/companies/the-milford-bank-401k-plan) — 90 participants

- [Thomaston Savings Bank](https://planprovider.pro/companies/thomaston-savings-bank-plan-008) — 157 participants

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

© 2026 PlanProvider.Pro