Filed January 28, 2006
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
CITIZENS BANK2+ years Service code 21 · EIN 20-2635739 10 TRIPPS LANE · RIVERSIDE, RI 02915 | Bank Trustee | $104,647 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $69,654 | $57,976+20.1% | $62,995+10.6% | $62,292+11.8% |
| Participation rate | 99.4% | 75.9%+23.5pp | 74.8%+24.6pp | 69.5%+29.9pp |
| Annual return | 7.44% | 17.54%-10.1pp | 87.57%-80.1pp | 28.90%-21.5pp |
| Employer contribution / active EE | $6,690 | $2,415+177.0% | $2,759+142.5% | $2,042+227.6% |
| Participant deferral / active EE | $0 | $2,956-100.0% | $3,329-100.0% | $3,169-100.0% |
| Admin fee / account holder | $510 | $276+85.1% | $3,600-85.8% | $479+6.5% |