Centreville Savings Bank 401(K) Plan — Form 5500 plan (Centreville Savings Bank)
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, Centreville Savings Bank 401(K) Plan is a benefit plan reported by Centreville Savings Bank under EIN 05-0118560 and plan number 002. The latest loaded filing year is 2023. The filing reports 312 participants and $25,564,075 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Centreville Savings Bank
- EIN
- 05-0118560
- Plan number
- 002
- Plan type
- 2
- Location
- West Warwick, RI
- Latest filing year
- 2023
- Participants
- 312
- End-of-year plan assets
- $25,564,075
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 312 | H, C | 20241004132401NAL0012257297001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $25,564,075
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $25,564,075
- Net assets (BOY)
- $19,292,075
Income & contributions
- Employer contributions
- $2,577,937
- Participant contributions
- $1,529,439
- Total contributions
- $4,455,484
- Total income / additions
- $7,930,090
Expenses & distributions
- Benefits paid
- $1,536,077
- Administrative expenses
- $115,170
- Total expenses
- $1,658,090
- Net increase / (decrease)
- $6,272,000
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $68,175 | $0 | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $29,467 | not reported in the loaded dataset | 2023 |
| The Angell Pension Group, Inc. | CONTRACT ADMIN | $750 | $10,000 | 2023 |
| Global Retirement Partners LLC | INVESTMENT ADVISOR | $10,000 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Centreville Savings Bank
- 2023 Form 5500 filing
- Form 5500 filings in RI
- 401(k) and benefit plan filings in West Warwick, RI
- Empower Annuity Insurance Company — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation
- The Angell Pension Group, Inc. — Schedule C compensation
- Global Retirement Partners LLC — Schedule C compensation