Retirement plan

THE ARC OF BLACKSTONE VALLEY PROFIT SHARING PLAN

Name: THE ARC OF BLACKSTONE VALLEY - THE ARC OF BLACKSTONE VALLEY PROFIT SHARING PLAN (2024) Form 5500
Creator: THE ARC OF BLACKSTONE VALLEY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE ARC OF BLACKSTONE VALLEY PROFIT SHARING PLAN, THE ARC OF BLACKSTONE VALLEY

THE ARC OF BLACKSTONE VALLEYEIN 05-0300152Plan #001PY 2024

500 PROSPECT STREET - PAWTUCKET, RI 02860401-727-0150bvcriarc.orgLinkedIn201-500 employeesmedical practice

Prospect flagsLow returns

Top hat statement on fileNQDC

Filed March 18, 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.

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Total assets (EOY)

$8.3M

+10.6% from 2023

Total participants

233

-1.7% from 2023

Average account balance

$40,263

+14.8% from 2023

Annual return

9.90%

-4.60 pp from 2023

Benchmarks

See 5,993 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,993 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$8.33M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$40K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

207

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

84.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$258K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+9.90%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$103

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

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Service providers

Top 10 of 15 by compensation

Provider	Service type	Compensation
NATIONWIDE10+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$22,854
COMMONWEALTH FINANCIAL NETWORK10+ years Service code 27 29 SAWYER ROAD · WALTHAM, MA 024533483	Advisory (Plan)	$9,471
T ROWE PRICE RPS INC1 year Filed as: T. ROWE PRICE RPS, INC. Service code 15 · EIN 52-1309931	Recordkeeping	$7,707
THE ANGELL PENSION GROUP, INC.9 years Filed as: THE ANGELL PENSION GROUP INC Service code 99 · EIN 04-2530412 88 BOYD AVE · E PROVIDENCE, RI 02914	Other Fees	$3,138
AMERICAN FUNDS1 year Service code 28 · EIN 95-1411037	Investment Management	$0
BLACKROCK1 year Filed as: BLACKROCK FUNDS Service code 28 · EIN 04-6171663	Investment Management	$0
DIMENSIONAL FUND ADVISORS1 year Filed as: DIMENSIONAL FUNDS Service code 28 · EIN 95-4470812	Investment Management	$0
DODGE & COX1 year Service code 28 · EIN 94-1441976	Investment Management	$0
FIDELITY INVESTMENTS INSTITUTIONAL1 year Filed as: FIDELITY Service code 28 · EIN 04-2647786	Investment Management	$0
MORGAN STANLEY SMITH BARNEY1 year Filed as: JP MORGAN FUNDS Service code 28 · EIN 13-2624428	Investment Management	$0

Plan features & details

Pension benefit codes2A2E2F2G2T3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$21K

$127 / participant

Investment mgmt$9K44.3%
Contract admin$8K36.0%
Other / not subdivided$4K19.7%

% of EOY assets

0.257%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: OTRANDO, PORCARO & ASSOCIATES, LTD.
Auditor EIN: 050405576
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$40,263

$55,470-27.4%

$155,556-74.1%

$74,478-45.9%

Participation rate

84.5%

61.9%+22.6pp

78.2%+6.3pp

67.2%+17.3pp

Annual return

9.90%

269.80%-259.9pp

64.84%-54.9pp

1370.56%-1360.7pp

Employer contribution / active EE

$1,537

$2,267-32.2%

$4,675-67.1%

$2,626-41.5%

Participant deferral / active EE

$2,838-100.0%

$5,631-100.0%

$4,350-100.0%

Admin fee / account holder

$103

$1,744-94.1%

$15,885-99.3%

$1,946-94.7%

Provider

Service type

Compensation

NATIONWIDE10+ years

Service code 15

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$22,854

COMMONWEALTH FINANCIAL NETWORK10+ years

Service code 27

29 SAWYER ROAD · WALTHAM, MA 024533483

Advisory (Plan)

$9,471

T ROWE PRICE RPS INC1 year

Filed as: T. ROWE PRICE RPS, INC.

Service code 15 · EIN 52-1309931

Recordkeeping

$7,707

THE ANGELL PENSION GROUP, INC.9 years

Filed as: THE ANGELL PENSION GROUP INC

Service code 99 · EIN 04-2530412

88 BOYD AVE · E PROVIDENCE, RI 02914

Other Fees

$3,138

AMERICAN FUNDS1 year

Service code 28 · EIN 95-1411037

Investment Management

BLACKROCK1 year

Filed as: BLACKROCK FUNDS

Service code 28 · EIN 04-6171663

Investment Management

DIMENSIONAL FUND ADVISORS1 year

Filed as: DIMENSIONAL FUNDS

Service code 28 · EIN 95-4470812

Investment Management

DODGE & COX1 year

Service code 28 · EIN 94-1441976

Investment Management

FIDELITY INVESTMENTS INSTITUTIONAL1 year

Filed as: FIDELITY

Service code 28 · EIN 04-2647786

Investment Management

MORGAN STANLEY SMITH BARNEY1 year

Filed as: JP MORGAN FUNDS

Service code 28 · EIN 13-2624428

Investment Management

THE ARC OF BLACKSTONE VALLEY PROFIT SHARING PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE ARC OF BLACKSTONE VALLEY PROFIT SHARING PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion