Spencer Savings Bank Sla 401(k) match, vesting and fees
What Spencer Savings Bank Sla's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Crowe LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2025 medians for 1,478 defined-contribution plans in finance and insurance with 100 to 499 participants.
| Spencer Savings Bank Sla: employer contribution per participant | $3,104 | |
| Peer median | $3,122 |
| Spencer Savings Bank Sla: average balance | $136,622 | |
| Peer median | $111,687 |
| Spencer Savings Bank Sla: admin expenses ÷ assets | 0.38% | |
| Peer median | 0.20% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $46.6M at the end of plan year 2021 to $51.9M at the end of plan year 2025.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2025 | 386 | $51.9M | $1.2M | $3,104 | 0.38% | Not published | Form 5500 ↗ |
| 2024 | 389 | $48.4M | $1.1M | $2,934 | 0.40% | Not published | Form 5500 ↗ |
| 2023 | 389 | $45.2M | $1.1M | $2,897 | 0.39% | Not published | Form 5500 ↗ |
| 2022 | 367 | $41.5M | $1.2M | $3,295 | 0.29% | Not published | Form 5500 ↗ |
| 2021 | 324 | $46.6M | $985K | $3,088 | 0.02% | Not published | Form 5500 ↗ |
Other Spencer Savings Bank Sla plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Spencer Savings Bank, Sla Employees' Pension Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Crowe LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does Spencer Savings Bank Sla match 401(k) contributions?
The match terms for the Spencer Savings Bank Sla Savings Retirement Plan have not been published from its filing yet. The plan year 2025 filing reports $1.2M in employer contributions, about $3,104 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Spencer Savings Bank Sla 401(k) match vested?
The vesting schedule for the Spencer Savings Bank Sla Savings Retirement Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Spencer Savings Bank Sla 401(k)?
The recordkeeper listed on Schedule C of the plan year 2025 filing is Principal Life Insurance Company. The plan administrator is Spencer Savings Bank Sla.
I left Spencer Savings Bank Sla. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Spencer Savings Bank Sla, (201) 920-2972) or the recordkeeper, Principal Life Insurance Company. The Spencer Savings Bank Sla old 401(k) page lists the contacts from every plan filing. Find an old Spencer Savings Bank Sla 401(k)
Data from the public Form 5500 annual reports Spencer Savings Bank Sla filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Spencer Savings Bank Sla. Not financial advice. Report a correction · Methodology