Civic Intelligence

Wellesley Bank

Plan context: Wellesley Bank Employees Stock Ownership Plan

EIN 04-1956610 • 21 filings • 3 plans

Current Snapshot

Latest Year

2020

2020 Participants

80

2020 Assets

$5,539,666

2020 Contributions

$58,653

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$23,135,110$11,567,555$0201120162020YearValue
$5,539,666Latest year 2020

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

80400201120152019YearValue
80Latest year 2019

Company Timeline

Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
202030$5,539,666$58,653-
Wellesley Bank Employees Stock Ownership Plan-0$5,539,666$58,653-
Wellesley Bank 401(K) Plan-0---
Wellesley Bank Employees Stock Ownership Plan-0---
2019280$23,135,110$1,464,503$18,306iApproximate average salary by contribution assumption: employee only about $457,657 at 4% or $305,105 at 6%; with 50% employer match about $305,105 at 4% or $203,403 at 6%; with 100% employer match about $228,829 at 4% or $152,552 at 6%.
Wellesley Bank 401(K) Plan-80$15,156,611$1,324,719$16,559iApproximate average salary by contribution assumption: employee only about $413,975 at 4% or $275,983 at 6%; with 50% employer match about $275,983 at 4% or $183,989 at 6%; with 100% employer match about $206,987 at 4% or $137,992 at 6%.
Wellesley Bank Employees Stock Ownership Plan-62$7,978,499$139,784$2,255iApproximate average salary by contribution assumption: employee only about $56,365 at 4% or $37,576 at 6%; with 50% employer match about $37,576 at 4% or $25,051 at 6%; with 100% employer match about $28,182 at 4% or $18,788 at 6%.
2018274$16,767,601$1,556,164$21,029iApproximate average salary by contribution assumption: employee only about $525,731 at 4% or $350,487 at 6%; with 50% employer match about $350,487 at 4% or $233,658 at 6%; with 100% employer match about $262,866 at 4% or $175,244 at 6%.
Wellesley Bank 401(K) Plan-74$11,831,926$1,417,086$19,150iApproximate average salary by contribution assumption: employee only about $478,745 at 4% or $319,164 at 6%; with 50% employer match about $319,164 at 4% or $212,776 at 6%; with 100% employer match about $239,373 at 4% or $159,582 at 6%.
Wellesley Bank Employees Stock Ownership Plan-54$4,935,675$139,078$2,576iApproximate average salary by contribution assumption: employee only about $64,388 at 4% or $42,925 at 6%; with 50% employer match about $42,925 at 4% or $28,617 at 6%; with 100% employer match about $32,194 at 4% or $21,463 at 6%.
2017267$17,095,238$1,248,216$18,630iApproximate average salary by contribution assumption: employee only about $465,752 at 4% or $310,501 at 6%; with 50% employer match about $310,501 at 4% or $207,001 at 6%; with 100% employer match about $232,876 at 4% or $155,251 at 6%.
Wellesley Bank 401(K) Plan-67$11,715,393$1,108,689$16,548iApproximate average salary by contribution assumption: employee only about $413,690 at 4% or $275,793 at 6%; with 50% employer match about $275,793 at 4% or $183,862 at 6%; with 100% employer match about $206,845 at 4% or $137,897 at 6%.
Wellesley Bank Employees Stock Ownership Plan-55$5,379,845$139,527$2,537iApproximate average salary by contribution assumption: employee only about $63,421 at 4% or $42,281 at 6%; with 50% employer match about $42,281 at 4% or $28,187 at 6%; with 100% employer match about $31,711 at 4% or $21,140 at 6%.
2016273$15,517,248$1,315,593$18,022iApproximate average salary by contribution assumption: employee only about $450,546 at 4% or $300,364 at 6%; with 50% employer match about $300,364 at 4% or $200,242 at 6%; with 100% employer match about $225,273 at 4% or $150,182 at 6%.
Wellesley Bank 401(K) Plan-73$10,339,447$1,172,856$16,067iApproximate average salary by contribution assumption: employee only about $401,663 at 4% or $267,775 at 6%; with 50% employer match about $267,775 at 4% or $178,517 at 6%; with 100% employer match about $200,832 at 4% or $133,888 at 6%.
Wellesley Bank Employees Stock Ownership Plan-55$5,177,801$142,737$2,595iApproximate average salary by contribution assumption: employee only about $64,880 at 4% or $43,254 at 6%; with 50% employer match about $43,254 at 4% or $28,836 at 6%; with 100% employer match about $32,440 at 4% or $21,627 at 6%.
2015270$11,650,872$1,210,816$17,297iApproximate average salary by contribution assumption: employee only about $432,434 at 4% or $288,290 at 6%; with 50% employer match about $288,290 at 4% or $192,193 at 6%; with 100% employer match about $216,217 at 4% or $144,145 at 6%.
Wellesley Bank 401(K) Plan-70$8,068,783$1,064,613$15,209iApproximate average salary by contribution assumption: employee only about $380,219 at 4% or $253,479 at 6%; with 50% employer match about $253,479 at 4% or $168,986 at 6%; with 100% employer match about $190,109 at 4% or $126,740 at 6%.
Wellesley Bank Employees Stock Ownership Plan-59$3,582,089$146,203$2,478iApproximate average salary by contribution assumption: employee only about $61,950 at 4% or $41,300 at 6%; with 50% employer match about $41,300 at 4% or $27,534 at 6%; with 100% employer match about $30,975 at 4% or $20,650 at 6%.
2014278$11,457,823$1,251,861$16,050iApproximate average salary by contribution assumption: employee only about $401,238 at 4% or $267,492 at 6%; with 50% employer match about $267,492 at 4% or $178,328 at 6%; with 100% employer match about $200,619 at 4% or $133,746 at 6%.
Wellesley Bank 401(K) Plan-78$7,777,576$1,100,458$14,108iApproximate average salary by contribution assumption: employee only about $352,711 at 4% or $235,141 at 6%; with 50% employer match about $235,141 at 4% or $156,760 at 6%; with 100% employer match about $176,355 at 4% or $117,570 at 6%.
Wellesley Bank Employees Stock Ownership Plan-46$3,680,247$151,403$3,291iApproximate average salary by contribution assumption: employee only about $82,284 at 4% or $54,856 at 6%; with 50% employer match about $54,856 at 4% or $36,571 at 6%; with 100% employer match about $41,142 at 4% or $27,428 at 6%.
2013257$10,981,882$962,950$16,894iApproximate average salary by contribution assumption: employee only about $422,346 at 4% or $281,564 at 6%; with 50% employer match about $281,564 at 4% or $187,710 at 6%; with 100% employer match about $211,173 at 4% or $140,782 at 6%.
Wellesley Bank 401(K) Plan-57$7,217,088$799,030$14,018iApproximate average salary by contribution assumption: employee only about $350,452 at 4% or $233,635 at 6%; with 50% employer match about $233,635 at 4% or $155,756 at 6%; with 100% employer match about $175,226 at 4% or $116,817 at 6%.
Wellesley Bank Employees Stock Ownership Plan-38$3,764,794$163,920$4,314iApproximate average salary by contribution assumption: employee only about $107,842 at 4% or $71,895 at 6%; with 50% employer match about $71,895 at 4% or $47,930 at 6%; with 100% employer match about $53,921 at 4% or $35,947 at 6%.
2012245$8,943,983$795,101$17,669iApproximate average salary by contribution assumption: employee only about $441,723 at 4% or $294,482 at 6%; with 50% employer match about $294,482 at 4% or $196,321 at 6%; with 100% employer match about $220,861 at 4% or $147,241 at 6%.
Wellesley Bank 401(K) Plan-45$5,987,991$631,181$14,026iApproximate average salary by contribution assumption: employee only about $350,656 at 4% or $233,771 at 6%; with 50% employer match about $233,771 at 4% or $155,847 at 6%; with 100% employer match about $175,328 at 4% or $116,885 at 6%.
Wellesley Bank Employees Stock Ownership Plan-31$2,955,992$163,920$5,288iApproximate average salary by contribution assumption: employee only about $132,194 at 4% or $88,129 at 6%; with 50% employer match about $88,129 at 4% or $58,753 at 6%; with 100% employer match about $66,097 at 4% or $44,065 at 6%.
2011233$4,447,535$92,631$2,807iApproximate average salary by contribution assumption: employee only about $70,175 at 4% or $46,783 at 6%; with 50% employer match about $46,783 at 4% or $31,189 at 6%; with 100% employer match about $35,088 at 4% or $23,392 at 6%.
Wellesley Bank 401(K) Plan-33$4,447,535$92,631$2,807iApproximate average salary by contribution assumption: employee only about $70,175 at 4% or $46,783 at 6%; with 50% employer match about $46,783 at 4% or $31,189 at 6%; with 100% employer match about $35,088 at 4% or $23,392 at 6%.
Wellesley Bank Employees Stock Ownership Plan-30---