Plan Snapshot
- Plan Sponsor: Washington Savings Bank
- Sponsor EIN: 041949430
- Sponsor Address: 30 MIDDLESEX STREET, LOWELL, MA, 01852
- Plan Type: 401(k)
- Total Participants: 36
- Total Assets: $4.3M
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 | 36 | $4.3M | $62,804 | $189,366 |
| 2023 | 35 | $3.8M | $62,199 | $190,799 |
| 2022 | 35 | $3.4M | $62,039 | $197,760 |