Department of Labor filing

WEBSTER FIVE CENTS SAVINGS BANK

WEBSTER FIVE CENTS SAVINGS BANK 401(K) PLAN · For the plan year ended Dec 31, 2024

Public filing 2024 · received Sep 10, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

79filing comparison
out of 100

The filing signals stronger employer support and/or lower plan-paid administrative costs than many comparable plans. This is a filing comparison, not a complete benefits score.

$Employer support

$6,158

Reported employer contributions per active participant.

Higher than about 87% of comparable plans

#People in the filing

139

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$141 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 60% of comparable plans

↗Investment performance

Not available

Plan assets changed 14.3%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202479out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions87th percentileTypical peer $3,279 · based on 1,427 comparable plans

Lower reported administrative expense60th percentileTypical peer $184 · based on 1,443 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, WEBSTER FIVE CENTS SAVINGS BANK reported $855,996 in employer contributions across the plan and 139 active participants. That works out to $6,158 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy60%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 9.0%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendDown 13.8%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context79/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $855,996
Participant contributions: $1,088,841
Other contributions: $170,298
Employer share of reported contributions: 44.0%
Beginning assets: $27,889,853
Ending assets: $31,873,107
Ending net assets: $31,873,107
Ending liabilities: $0
Total income: $6,128,093
Total expenses: $2,144,839
Administrative expenses: $32,532
Participant loans: $547,889

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$5,651

2023

$5,987

2024

$6,158

Plan-paid administrative expenses per participant

2022

$163

2023

$122

2024

$141

Active participants

2022

139

2023

138

2024

139

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$6,158	139	31.9M	20250910125824NAL0021150001001
2023	$5,987	138	27.9M	20240911094620NAL0003555107001
2022	$5,651	139	24.4M	20230815114634NAL0000760960001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 1.7%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 041953630-002

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Nov 1, 1998
Industry: Finance and insurance
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2K2S2T2E2F2G2J3D

Reported service providers

Organizations named in the latest filing

The public dataset does not always identify a provider’s exact role. Compensation stays blank when it was not separately reported.

Provider	Plan year	Direct compensation	Indirect compensation
FIDELITY INVESTMENTS INSTITUTIONAL	2024	Not reported	unknown

Current plan terms

Help fill the gap the filing leaves.

If you have a current SPD, fee disclosure, or enrollment guide, you can share it with us. We check the source and date before adding anything to the profile.

Share a document →

Filing ACK_ID20250910125824NAL0021150001001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗