Plan Snapshot
- Plan Sponsor: Citizens Bank
- Sponsor EIN: 930462799
- Sponsor Address: 275 SW THIRD STREET, CORVALLIS, OR, 973334629
- Plan Type: 401(k)
- Total Participants: 185
- Total Assets: $28.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 185 | $28.3M | $779,256 | $1.2M |
| 2023 | 192 | $25.2M | $745,088 | $1.2M |
| 2022 | 184 | $19.7M | $663,653 | $1.0M |
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 |
|---|---|---|---|---|
| DELAP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DELAP — 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 | $76,604 | — | $76,604 | — | — |
| 2023 | $62,657 | — | $62,657 | — | — |
| 2022 | $59,350 | — | $59,350 | — | — |