Plan Snapshot
- Plan Sponsor: Providence Mutual Fire Insurance Company
- Sponsor EIN: 050204000
- Sponsor Address: 340 EAST AVENUE, WARWICK, RI, 02886
- Plan Type: 401(k)
- Total Participants: 85
- Total Assets: $25.1M
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 | 85 | $25.1M | $603,583 | $940,975 |
| 2023 | 90 | $26.5M | $724,243 | $967,549 |
| 2022 | 90 | $24.7M | $655,106 | $897,260 |
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 |
|---|---|---|---|---|
| MORGAN STANLEY SMITH BARNEY LLC | INVESTMENT ADVISOR | $67,995 | — | $67,995 |
| ADP INC. | RECORDKEEPER | $15,060 | — | $15,060 |
| DISANTO PRIEST & CO. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY SMITH BARNEY LLC — INVESTMENT ADVISOR
- ADP INC. — RECORDKEEPER
- DISANTO PRIEST & CO. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $83,055
- Estimated Expense Ratio: 0.331% 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 | $83,054 | $67,994 | — | — | — |
| 2023 | $98,011 | $65,426 | — | — | — |
| 2022 | $83,404 | — | — | — | — |