# Skills For Rhode Island'S Future 401(k) Plan
Source: https://planprovider.pro/companies/skills-for-rhode-island-s-future-401k-plan

> Skills For Rhode Island'S Future's 401(k) plan: 59 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Skills For Rhode Island'S Future

- **Sponsor EIN:** 812807502

- **Sponsor Address:** 30 EXCHANGE TERRACE, PROVIDENCE, RI, 02903

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

- **Total Participants:** 59

- **Total Assets:** $2.2M

## 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|59|$2.2M|$163,287|$281,435|

| 2023|126|$1.5M|$166,895|$288,167|

| 2022|99|$934,540|$129,659|$208,289|

## 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|

| KAHN, LITWIN, RENZA & CO., LTD.|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|$2,050|—|$2,050|—|—|

| 2023|—|—|—|—|—|

| 2022|—|—|—|—|—|

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