Plan Snapshot
- Plan Sponsor: Kelly & Picerne, INC.
- Sponsor EIN: 050243936
- Sponsor Address: 75 LAMBERT LIND HWY, WARWICK, RI, 02886
- Plan Type: 401(k)
- Total Participants: 557
- Total Assets: $35.5M
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 | 557 | $35.5M | $728,893 | $2.2M |
| 2023 | 401 | $31.8M | $649,360 | $2.1M |
| 2022 | 397 | $27.0M | $355,848 | $1.9M |
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 | — | — | $0 |
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 | $430 | $12,261 | — | — | — |
| 2023 | $2,122 | $10,503 | — | — | — |
| 2022 | $19,351 | $9,246 | — | — | — |