Bank Rhode Island 401(k) Plan: Login, Facts & Contact Information
No Form 5500 has been filed for this plan since plan year 2014. The plan may have been terminated, merged into another plan, or moved to a new sponsor. Everything below comes from its last filing on record.
Bank Rhode Island 401(k) Login
Retirement plan providers can change. This information is from the plan's 2014 filing.
Bank Rhode Island 401(k) Plan Facts (plan year 2014)
Source: Form 5500 for plan year 2014 (Jan 1, 2014 – Dec 31, 2014), filed Jul 24, 2015. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2014
- $1.84 million went into the plan in contributions, $548,056 of it from the employer (30%).
- $1.19 million was paid out to participants.
- Investment and other income added $930,970.
- Administrative expenses were $11,172, about $42 per account.
How the Bank Rhode Island 401(k) changed, 2009–2014
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2009 | 248 | $9.46 million | $447,912 | $1.58 million |
| 2010 | 301 | $10.2 million | $465,004 | $1.69 million |
| 2011 | 342 | $10.5 million | $515,841 | $1.07 million |
| 2012 | 319 | $11.8 million | $483,566 | $1.51 million |
| 2013 | 334 | $14.7 million | $498,537 | $1.20 million |
| 2014 | 326 | $16.3 million | $548,056 | $1.19 million |
Bank Rhode Island 401(k) Contact Information
Questions about the Bank Rhode Island 401(k)
Is the Bank Rhode Island 401(k) plan still active?
We can't confirm that. The last Form 5500 on record for this plan covers plan year 2014, and no later filing was found under this employer's EIN.
Does Bank Rhode Island contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2014 the employer contributed $548,056, 30% of all contributions.
Does the Bank Rhode Island 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the Bank Rhode Island 401(k) plan?
326 participants at the start of plan year 2014, 270 of them active employees, and 52 former employees who still had money in the plan.
What is the average 401(k) balance at Bank Rhode Island?
About $61,310 per account: $16.3 million in plan assets across 266 accounts with a balance at the end of plan year 2014.
Who manages the Bank Rhode Island 401(k) accounts?
Fidelity NetBenefits is the plan's recordkeeper, which is where participants log in to see their balance.