Washington Trust Company, of Westerly 401(k) match, vesting and fees
What Washington Trust Company, of Westerly'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 | Fidelity Investments Institutional | Schedule C ↗ |
| Independent auditor | Citrin Cooperman & Company LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 658 defined-contribution plans in finance and insurance with 500 to 999 participants.
| Washington Trust Company, of Westerly: employer contribution per participant | $5,029 | |
| Peer median | $2,935 |
| Washington Trust Company, of Westerly: average balance | $179,140 | |
| Peer median | $92,585 |
| Washington Trust Company, of Westerly: admin expenses ÷ assets | 0.11% | |
| Peer median | 0.15% |
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 $131M at the end of plan year 2023 to $143M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 804 | $143M | $4M | $5,029 | 0.11% | Not published | Form 5500 ↗ |
| 2023 | 798 | $131M | $3.4M | $4,339 | 0.09% | Not published | Form 5500 ↗ |
Other Washington Trust Company, of Westerly plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
The Washington Trust Company 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.
| Independent auditor | Citrin Cooperman & Company, LLP (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Terminated (final filing) | Form 5500 ↗ |
Common questions
Does Washington Trust Company, of Westerly match 401(k) contributions?
The match terms for the The Washington Trust Company 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $4M in employer contributions, about $5,029 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Washington Trust Company, of Westerly 401(k) match vested?
The vesting schedule for the The Washington Trust Company 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Washington Trust Company, of Westerly 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Fidelity Investments Institutional. The plan administrator is The Washington Trust Company, of Westerly.
I left Washington Trust Company, of Westerly. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (The Washington Trust Company, of Westerly, (401) 348-1200) or the recordkeeper, Fidelity Investments Institutional. The Washington Trust Company, of Westerly old 401(k) page lists the contacts from every plan filing. Find an old Washington Trust Company, of Westerly 401(k)
Data from the public Form 5500 annual reports Washington Trust Company, of Westerly filed with the U.S. Department of Labor (plan years 2023 and 2024) 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 Washington Trust Company, of Westerly. Not financial advice. Report a correction · Methodology