# Washington Savings Bank 401(k) Plan
Source: https://planprovider.pro/companies/washington-savings-bank-401k-plan-002-9430

> Washington Savings Bank's 401(k) plan: 36 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|

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