HOMETOWN BANK has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan HOMETOWN BANK 401(K) SAVINGS PLAN
| Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
|---|
| 001 | 2022-10-01 | MICHAEL A. LEWIS, PRESIDENT | 2024-02-20 | | |
| 001 | 2021-10-01 | MICHAEL A. LEWIS, PRESIDENT | 2023-02-17 | | |
| 001 | 2020-10-01 | MICHAEL A. LEWIS, PRESIDENT | 2022-02-08 | | |
| 001 | 2019-10-01 | MICHAEL A. LEWIS, PRESIDENT | 2021-02-23 | | |
| 001 | 2018-10-01 | MICHAEL A. LEWIS, PRESIDENT | 2020-01-24 | | |
| 001 | 2017-10-01 | HOWARD T. BOYLE, II, PRESIDENT | 2019-07-09 | | |
| 001 | 2016-10-01 | HOWARD T. BOYLE, II, PRESIDENT | 2018-04-19 | | |
| 001 | 2015-10-01 | HOWARD T. BOYLE, II, PRESIDENT | 2017-03-13 | | |
| 001 | 2014-10-01 | HOWARD BOYLE | 2016-05-19 | | |
| 001 | 2013-10-01 | HOWARD BOYLE | 2015-05-26 | | |
| 001 | 2012-10-01 | HOWARD BOYLE | 2014-03-20 | | |
| 001 | 2011-10-01 | HOWARD BOYLE | 2013-04-03 | | |
| 001 | 2010-10-01 | HOWARD BOYLE | 2012-03-22 | | |
| Measure | Date | Value |
|---|
| 2025 : HOMETOWN BANK 401(K) SAVINGS PLAN 2025 401k financial data |
|---|
| Total expenses incurred by plan in this plan year | 2025-03-18 | 1430370 |
| Net assets as of the end of the plan year | 2025-03-18 | 5038893 |
| Total assets as of the beginning of the plan year | 2025-03-18 | 5142465 |
| Value of plan covered by a fidelity bond | 2025-03-18 | 500000 |
| Participant contributions to plan in this plan year | 2025-03-18 | 186082 |
| Value of participant loans at end of plan year | 2025-03-18 | 128202 |
| Other expenses paid from plan in this plan year | 2025-03-18 | 34186 |
| Other income to plan in this plan year | 2025-03-18 | 1023772 |
| Plan net income in this plan year | 2025-03-18 | -103572 |
| Net assets as of the end of the plan year | 2025-03-18 | 5038893 |
| Net assets as of the beginning of the plan year | 2025-03-18 | 5142465 |
| Employer contributions to plan in this plan year | 2025-03-18 | 116944 |
| 2023 : HOMETOWN BANK 401(K) SAVINGS PLAN 2023 401k financial data |
|---|
| Total expenses incurred by plan in this plan year | 2023-02-17 | 547230 |
| Net assets as of the end of the plan year | 2023-02-17 | 5283736 |
| Total assets as of the beginning of the plan year | 2023-02-17 | 6305773 |
| Value of plan covered by a fidelity bond | 2023-02-17 | 500000 |
| Participant contributions to plan in this plan year | 2023-02-17 | 278643 |
| Value of participant loans at end of plan year | 2023-02-17 | 130580 |
| Other expenses paid from plan in this plan year | 2023-02-17 | 39833 |
| Other contributions to plan in this plan year | 2023-02-17 | 74778 |
| Other income to plan in this plan year | 2023-02-17 | -953110 |
| Plan net income in this plan year | 2023-02-17 | -1022037 |
| Net assets as of the end of the plan year | 2023-02-17 | 5283736 |
| Net assets as of the beginning of the plan year | 2023-02-17 | 6305773 |
| Employer contributions to plan in this plan year | 2023-02-17 | 124882 |
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