# Centreville Savings Bank 401(k) Plan
Source: https://planprovider.pro/companies/centreville-savings-bank-401k-plan

> Centreville Savings Bank&#39;s 401(k) plan: 248 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Centreville Savings Bank

- **Sponsor EIN:** 050118560

- **Sponsor Address:** 1218 MAIN STREET, WEST WARWICK, RI, 02893

- **Plan Type:** 401(k)

- **Total Participants:** 248

- **Total Assets:** $31.9M

## 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|248|$31.9M|$2.9M|$1.7M|

| 2023|252|$25.6M|$2.6M|$1.5M|

| 2022|224|$19.3M|$2.0M|$1.3M|

## 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|

| GRAY, GRAY & GRAY, LLP|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [GRAY, GRAY & GRAY, LLP](https://planprovider.pro/provider/gray-gray-and-gray-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $0

### 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|$130,664|$7,500|$123,164|—|—|

| 2023|$115,170|$39,467|$1,856|—|—|

| 2022|$110,952|—|—|—|—|

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- [Centreville Savings Bank](https://planprovider.pro/companies/centreville-savings-bank-plan-001) — 24 participants

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