Plan Snapshot
- Plan Sponsor: Blue Cross & Blue Shield Of Rhode Island
- Sponsor EIN: 050158952
- Sponsor Address: 500 EXCHANGE STREET, PROVIDENCE, RI, 029032699
- Plan Type: 401(k)
- Total Participants: 973
- Total Assets: $270.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 973 | $270.1M | $5.9M | $9.9M |
| 2023 | 880 | $251.1M | $5.1M | $8.7M |
| 2022 | 904 | $233.3M | $4.5M | $7.8M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| CITRIN COOPERMAN & COMPANY, LLP | Auditor | $22,680 | — | $22,680 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $22,680
- Estimated Expense Ratio: 0.008% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $405,672 | $115,931 | — | $22,680 | — |
| 2023 | $323,721 | $24,100 | — | $56,277 | — |
| 2022 | $340,688 | $81,957 | $183,890 | — | $25,834 |