Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, The Washington Trust Company 401(K) Plan is a benefit plan reported by The Washington Trust Company, Of Westerly under EIN 05-0235370 and plan number 002. The latest loaded filing year is 2023. The filing reports 773 participants and $131,033,222 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $131,033,222
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $131,033,222
- Net assets (BOY)
- $106,861,171
Income & contributions
- Employer contributions
- $3,423,385
- Participant contributions
- $6,851,250
- Total contributions
- $11,113,498
- Total income / additions
- $31,162,654
Expenses & distributions
- Benefits paid
- $6,869,965
- Administrative expenses
- $110,239
- Total expenses
- $6,990,603
- Net increase / (decrease)
- $24,172,051