Plan Ledger DOL Form 5500 · updated monthly

Carpionato Properties, Inc.401(k)

CARPIONATO PROPERTIES, INC. 401(K) PLAN · JOHNSTON, RI · plan year 2024

Reported admin expense ratio · 2024
0.40%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Carpionato Properties, Inc. reported $35,856 in plan administrative expenses for 2024: 0.40% of average plan assets, below the peer median. Employer contributions averaged $973 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.01% to 0.40%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Rhode Island (171st of 286), and the 569th of 2,240 in accommodation & food services. In 2024, employees put in $2.92 for every $1.00 the employer contributed; active participation has grown from 220 to 250 since 2022.

Plan summary
Net assets, end of year$9,785,540
Participants with balances174
Active participants250
Employer contributions$243,259
Employee contributions$709,737
Employer contribution per active participant$973
Average account balance$56,239
Benefits paid to participants$385,957
Plan auditUnmodified (clean) audit opinion
AuditorKAHN, LITWIN, RENZA& CO., LTD
Plan history3
Yearassets · accounts · employer contribution
2024$9.8M · 174 accts · $243K emplr
2023$8.0M · 153 accts · $232K emplr
2022$6.7M · 146 accts · $206K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$465
Total administrative$35,856
The Carpionato Properties, Inc. 401(k) match · 2024
Employer contribution per active participant$973
Median for plans this size$1,313
2024$973 per active participant
2023$967 per active participant
2022$938 per active participant

Carpionato Properties, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
LOCKE LORD · Legal$18,591
KAHN, LITWIN, RENZA & CO., LTD. · Legal$16,800
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$465
KESTRA INVESTMENT SERVICES LLCindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$35,856 · 0.40%
2023$901 · 0.01%
2022$713 · 0.01%
Same employer
Similar plansAccommodation & Food Services · Rhode Island
Jan Co, Inc. RI$7.1M · 0.11%
Twin Oaks, Inc RI$6.7M · 0.75%

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Source: U.S. Department of Labor, Form 5500 series, EIN 050474550 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.