Plan Snapshot
- Plan Sponsor: Carpionato Properties, INC.
- Sponsor EIN: 050474550
- Sponsor Address: 1414 ATWOOD AVENUE, JOHNSTON, RI, 02919
- Plan Type: 401(k)
- Total Participants: 250
- Total Assets: $9.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 250 | $9.8M | $243,259 | $709,737 |
| 2023 | 240 | $8.0M | $231,961 | $621,178 |
| 2022 | 220 | $6.7M | $206,319 | $545,712 |
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 |
|---|---|---|---|---|
| KESTRA INVESTMENT SERVICES LLC | Investment Advisor | — | $19,996 | $19,996 |
| LOCKE LORD | ERISA Attorney | $18,591 | — | $18,591 |
| KAHN, LITWIN, RENZA & CO., LTD. | ERISA Attorney | $16,800 | — | $16,800 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KESTRA INVESTMENT SERVICES LLC — Investment Advisor
- LOCKE LORD — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $55,387
- Estimated Expense Ratio: 0.566% 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 | $35,856 | — | — | — | — |
| 2023 | $901 | — | — | — | — |
| 2022 | $713 | — | — | — | — |