Original filing (PDF)20250903134114NAL0031740738001

THE WASHINGTON TRUST COMPANY, OF WESTERLY

Name: THE WASHINGTON TRUST COMPANY, OF WESTERLY — THE WASHINGTON TRUST COMPANY 401(K) PLAN, Form 5500 (2024)
Creator: THE WASHINGTON TRUST COMPANY, OF WESTERLY

Form 5500

FILING_RECEIVED

THE WASHINGTON TRUST COMPANY 401(K) PLAN

401(k) retirement plan

Signals · 2

1 failed disclosure27% employer stock

Active participants

641

Accounts w/ balance

798

Plan assets (EOY)

$143.0M

Net assets (EOY)

$143.0M

How this plan invests

This plan

33 securities

funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score

/ 100

Grade B

Above-average plan

Directional indicator from public Form 5500 data — compliance & integrity, total plan cost, participant health and vendor stack, benchmarked against same-size peers. Not a fiduciary tool.

Compliance & integrity

Total plan cost

Plan health

Vendor & structure

Decision-maker contacts

CFO / Head of HR / Benefits Manager — verified email + LinkedIn for THE WASHINGTON TRUST COMPANY, OF WESTERLY.

Plan sponsor

Name

THE WASHINGTON TRUST COMPANY, OF WESTERLY

EIN

05-0235370

Address

P.O. BOX 512 · 23 BROAD STREET · WESTERLY, RI · 02891

Phone

(401) 348-1200

Industry

Commercial Banking· Finance & Insurancesee all

Plan administrator

Name

THE WASHINGTON TRUST COMPANY, OF WESTERLY

EIN

05-0235370

City

WESTERLY, RI

Phone

(401) 348-1200

Plan characteristics

Plan number

002

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-09-03

Pension benefit codes

2F · ERISA section 404(c)

2G · Total participant-directed accounts

2J · 401(k) feature

2E · Profit-sharing

2K · 401(m) arrangement

2S · Automatic enrollment

2T · Default investment account (QDIA)

3H · Sponsor in controlled / affiliated group

Service providers (Schedule C)

3 rows

Recordkeeper

Name	EIN	Location	Relation	Direct comp	Indirect comp
FIDELITY INVESTMENTS INSTITUTIONAL	04-2647786	—	RECORDKEEPER	$106K	—

Advisor / Consultant

Name	EIN	Location	Relation	Direct comp	Indirect comp
STRATEGIC ADVISORS, INC.	04-2654524	—	ADVISOR	$31K	—

Failed / refused disclosures (Sched C Part 2)

Provider	Nondisclosure info
—	—

Investments

33 direct securities· $143.0M(100% of reported assets)

Other securities

$93.8M

20 holdings

Common Stock

$38.0M

9 holdings

Cash / Money Market

$7.7M

1 holding

Bonds / Notes

$1.9M

1 holding

Mutual Funds

$1.6M

2 holdings

					% of plan
Admiral Shares * Fidelity Management & Fidelity Blue Chip Growth K6 Fund	Other securities	—	$10.1M	$18.8M	13.2%
Admiral Shares Vanguard Group Inc. Vanguard Institutional Index Fund Institutional	Common Stock	—	$9.2M	$13.3M	9.3%
Research Company LLC * Fidelity Management & Fidelity Freedom 2030 Fund Class K	Other securities	—	$12.1M	$12.1M	8.5%
Research Company LLC * Fidelity Management & Fidelity Freedom 2035 Fund Class K	Other securities	—	$10.7M	$11.3M	7.9%
Research Company LLC * Fidelity Management & Fidelity Freedom 2025 Fund Class K	Other securities	—	$10.0M	$9.6M	6.7%
Research Company LLC * Fidelity Management & Fidelity Freedom 2040 Fund Class K	Other securities	—	$7.4M	$8.1M	5.6%
Fidelity Management & Fidelity Investments Money Market Treasury	Cash / Money Market	—	$7.7M	$7.7M	5.4%
Research Company LLC * Fidelity Management & Fidelity Freedom 2050 Fund Class K	Other securities	—	$5.1M	$5.6M	3.9%
Shares Vanguard Group Inc. Vanguard Mid-Cap Index Fund Admiral Shares	Common Stock	—	$3.5M	$5.5M	3.8%
Management, Inc. J.P. Morgan Investment JPMorgan Equity Income Fund Class R5	Common Stock	—	$5.0M	$5.4M	3.8%
Vanguard Group Inc. Vanguard Small-Cap Index Fund Admiral	Common Stock	—	$3.2M	$4.9M	3.4%
Research Company LLC * Fidelity Management & Fidelity Freedom 2045 Fund Class K	Other securities	—	$4.2M	$4.6M	3.2%
Research Company LLC * Fidelity Management & Fidelity Freedom 2020 Fund Class K	Other securities	—	$4.5M	$4.2M	2.9%
LLC Institutional Shares Loomis Sayles & Company Loomis Sayles Core Plus Bond Fund Class N	Other securities	—	$4.2M	$3.9M	2.7%
Services Company Massachusetts Financial MFS Mid Cap Value Fund Class R6	Other securities	—	$3.4M	$3.6M	2.5%
Research Company LLC * Fidelity Management & Fidelity Freedom 2055 Fund Class K	Other securities	—	$2.8M	$3.2M	2.2%
Management Co, LLC Vanguard Group Inc. Vanguard FTSE All-World ex-US Index Fund	Common Stock	—	$2.6M	$2.7M	1.9%
Shares Vanguard Group Inc. Vanguard Total Bond Market Index Fund	Common Stock	—	$2.8M	$2.6M	1.8%
Research Company LLC * Fidelity Management & Fidelity Freedom 2060 Fund Class K	Other securities	—	$1.9M	$2.2M	1.5%
Management, Inc. Lazard Asset Management Lazard International Strategic Equity Portfolio	Common Stock	—	$2.3M	$2.1M	1.5%
Research Company LLC * Fidelity Management & Fidelity Emerging Markets Fund	Other securities	—	$1.7M	$2.0M	1.4%
Participant Loans Interest rates ranging from 3.25% to 8.50% $—	Bonds / Notes	—	—	$1.9M	1.3%
L.P. Massachusetts Financial MFS Mid Cap Growth Fund Class R6	Other securities	—	$1.5M	$1.8M	1.2%
Research Company LLC * Fidelity Management & Fidelity Small Cap Growth Fund	Other securities	—	$1.3M	$1.5M	1.0%
s (Continued): Shares * Fidelity Management & Fidelity Freedom 2015 Fund Class K	Mutual Funds	—	$1.3M	$1.1M	0.8%
Admiral Shares Vanguard Group Inc. Vanguard Inflation-Protected Securities Fund	Common Stock	—	$1.2M	$1.1M	0.8%
Services Company Pacific Investment PIMCO Low Duration Fund Institutional Class	Other securities	—	$693K	$670K	0.5%
Management, Inc. J.P. Morgan Investment JPMorgan Small Cap Value Fund Class R6	Common Stock	—	$488K	$484K	0.3%
s: Shares Cohen & Steers Capital Cohen & Steers Institutional Realty Shares	Mutual Funds	—	$468K	$474K	0.3%
Research Company LLC * Fidelity Management & Fidelity Freedom 2065 Fund Class K	Other securities	—	$337K	$368K	0.3%
Research Company LLC * Fidelity Management & Fidelity Freedom 2010 Fund Class K	Other securities	—	$261K	$238K	0.2%
Research Company LLC * Fidelity Management & Fidelity Freedom Income Fund Class K	Other securities	—	$154K	$152K	0.1%
Research Company LLC * Fidelity Management & Fidelity Managed Retirement 2030 K6 47 539 522 Research Company LLC * Fidelity Management & Fidelity Freedom 2070 Fund Class K 95	Other securities	—	—	$1K	<0.1%