Plan Snapshot
- Plan Sponsor: Citizens Bank
- Sponsor EIN: 390210030
- Sponsor Address: 301 NORTH ROCHESTER STREET, MUKWONAGO, WI, 53149
- Plan Type: 401(k)
- Total Participants: 143
- Total Assets: $22.2M
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 | 143 | $22.2M | $402,142 | $923,233 |
| 2023 | 157 | $19.7M | $382,904 | $910,275 |
| 2022 | 165 | $16.5M | $373,890 | $829,128 |
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 |
|---|---|---|---|---|
| SPECTRUM INVESTMENT ADVISORS INC | ADVISOR | $42,281 | — | $42,281 |
| REILLY, PENNER & BENTON, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- REILLY, PENNER & BENTON, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $42,281
- Estimated Expense Ratio: 0.190% 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 | $46,118 | $42,281 | $3,837 | — | — |
| 2023 | $44,801 | $38,913 | $2,767 | — | — |
| 2022 | $53,550 | $45,814 | $7,736 | — | — |