Original filing (PDF)20251009141740NAL0003648979001

CENTREVILLE SAVINGS BANK

Name: CENTREVILLE SAVINGS BANK — PENSION PLAN FOR EMPLOYEES OF CENTREVILLE SAVINGS BANK, Form 5500 (2024)
Creator: CENTREVILLE SAVINGS BANK

Form 5500

FILING_RECEIVED

PENSION PLAN FOR EMPLOYEES OF CENTREVILLE SAVINGS BANK

Defined-benefit pension plan

Signals · 2

30% in single holding23% employer stock

Active participants

Accounts w/ balance

—

Plan assets (EOY)

$19.4M

Net assets (EOY)

$19.4M

How this plan invests

This plan

446 securities

funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score (directional)

/ 100

Grade B

Above-average plan

Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.

Compliance & disclosures

100

Concentration risk

Total plan cost

Vendor stack

Participation health

100

Knocking points off

Top holding "Vanguard Long Term Bond Exchange traded funds" is 30% of plan.
23% of plan in employer / sponsor stock.
56 bps in Schedule C fees — 93% above peer band of 29 bps.
Plan is frozen (1I) — no new benefit accrual.

Decision-maker contacts

CFO / Head of HR / Benefits Manager — verified email + LinkedIn for CENTREVILLE SAVINGS BANK.

Plan sponsor

Name

CENTREVILLE SAVINGS BANK

EIN

05-0118560

Address

1218 MAIN STREET · WEST WARWICK, RI · 02893

Phone

(401) 821-9100

Industry

Finance & Insurancesee all

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

001

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-10-09

Pension benefit codes

1A · Pay-related DB formula

1I · Frozen plan — no new benefit accrual

3D · Pre-approved plan (master / prototype / VS)

Audit & trust (Schedule H)

Auditor

GRAY, GRAY & GRAY, LLP

Trustee / custodian

—

Trustee phone

—

Service providers (Schedule C)

4 rows

Advisor / Consultant

Name	EIN	Location	Relation	Direct comp	Indirect comp
MORGAN STANLEY	—	NORWELL, MA	INVESTMENT ADVISOR	$72K	—

Trustee

Name	EIN	Location	Relation	Direct comp	Indirect comp
BROADRIDGE MATRIX TRUST	75-3182674	—	TRUSTEE	$6K	—

Accountant / Auditor

Name	EIN	Location	Relation	Direct comp	Indirect comp
GRAY, GRAY & GRAY, LLP	04-2088368	—	AUDITOR	$17K	—

Actuary

Name	EIN	Location	Relation	Direct comp	Indirect comp
THE ANGELL PENSION GROUP, INC.	04-2530412	—	ACTUARY	$14K	—

Investments

408 direct securities· $18.7M(96% of reported assets)

Investment	Type	Shares / units	Cost	Current value	% of plan
Vanguard Long Term Bond Exchange traded funds	—	—	—	$5.7M	29.1%
Hudson Bay Ltd Trnche II MS Limited partnerships/hedge Funds	—	—	—	$1.1M	5.7%
iShares 7-10 Year Treasury Bon Exchange traded funds	—	—	—	$986K	5.1%
iShares Core MSCI Dev Mkts Exchange traded funds	—	—	—	$882K	4.5%
Cash and cash equivalents Cash and cash equivalents	—	—	—	$787K	4.1%
Vanguard Value ETF Exchange traded funds	—	—	—	$682K	3.5%
Vanguard Growth ETF Exchange traded funds	—	—	—	$616K	3.2%
ACL Alternative Fund Ltd CL A Limited partnerships/hedge Funds	—	—	—	$536K	2.8%
Brevan Howard PT Ltd-J3 Limited partnerships/hedge Funds	—	—	—	$501K	2.6%
Federated Hermes Mrgtg Str Mutual funds	—	—	—	$455K	2.3%
GQG Part Emerg Mkts Eq-Inst Mutual funds	—	—	—	$435K	2.2%
iShares Core Msci Emerging Exchange traded funds	—	—	—	$330K	1.7%
Vanguard Total Bond Market Exchange traded funds	—	—	—	$273K	1.4%
Nvidia Corp Common stocks	—	—	—	$150K	0.8%
Microsoft Corporation Common stocks	—	—	—	$144K	0.7%
Amazon Com Inc Common stocks	—	—	—	$136K	0.7%
US Treasury When Issued Note/Bond 4.125% Due 08-15-34 Government debt securities	—	—	—	$119K	0.6%
Loomis Sayles Securitized Asset Mutual funds	—	—	—	$110K	0.6%
Loomis Sayles High Income Opp Mutual funds	—	—	—	$70K	0.4%
Alphabet Inc CL A Common stocks	—	—	—	$69K	0.4%
Federated Hrms Corp Bnd Str Mutual funds	—	—	—	$68K	0.3%
JPMorgan Chase & Co Common stocks	—	—	—	$66K	0.3%
Servicenow Inc Common stocks	—	—	—	$63K	0.3%
KKR & Co Inc CI A Limited partnerships/hedge Funds	—	—	—	$62K	0.3%
Visa Inc Class A Shares Common stocks	—	—	—	$60K	0.3%
Intuit Common stocks	—	—	—	$58K	0.3%
Apple Inc Common stocks	—	—	—	$52K	0.3%
Marvell Technology Group Ltd Common stocks	—	—	—	$52K	0.3%
Progressive Corp Common stocks	—	—	—	$43K	0.2%
Sap Aktiengesellschaft Adr Common stocks	—	—	—	$42K	0.2%
Arthur J Gallagher Common stocks	—	—	—	$40K	0.2%
Uber Technologies Inc Common stocks	—	—	—	$38K	0.2%
Unitedhealth Group Inc Common stocks	—	—	—	$35K	0.2%
British American Tobacco Common stocks	—	—	—	$35K	0.2%
Meta Platforms Inc Common stocks	—	—	—	$33K	0.2%
Danaher Corp Del Common stocks	—	—	—	$33K	0.2%
Abbvie Inc Common stocks	—	—	—	$32K	0.2%
Cadence Design Systems Inc Common stocks	—	—	—	$32K	0.2%
Novo-Nordisk As Common stocks	—	—	—	$32K	0.2%
US Treasury Note/Bond 3.500% Due 02-15-33 Government debt securities	—	—	—	$32K	0.2%
Monolithic Power Sys Inc Common stocks	—	—	—	$31K	0.2%
US Treasury When Issued Note/Bond 4.375% Due 08-15-54 Government debt securities	—	—	—	$31K	0.2%
Taiwan Semiconductor-Sp ADR Common stocks	—	—	—	$31K	0.2%
West Pharmaceutical Services Common stocks	—	—	—	$31K	0.2%
Alphabet Inc CL C Common stocks	—	—	—	$31K	0.2%
US Treasury Note/Bond 3.500% Due 01-31-30 Government debt securities	—	—	—	$31K	0.2%
US Treasury When Issued Note/Bond 4.625% Due 05-15-34 Government debt securities	—	—	—	$31K	0.2%
US Treasury Note/Bond 3.625% Due 05-15-53 Government debt securities	—	—	—	$30K	0.2%
Ares Management Corp Common stocks	—	—	—	$30K	0.2%
KLA Corp Common stocks	—	—	—	$29K	0.2%
Intuitive Surgical Common stocks	—	—	—	$29K	0.1%
Honeywell International Common stocks	—	—	—	$29K	0.1%
Safran Sa-Unspon ADR Common stocks	—	—	—	$28K	0.1%
Oracle Corp Common stocks	—	—	—	$28K	0.1%
Citigroup Inc 1.462% Due 06-09-27 Corporate bonds	—	—	—	$28K	0.1%
Dynatrace Inc Common stocks	—	—	—	$27K	0.1%
Home Depot Incorporated Common stocks	—	—	—	$27K	0.1%
Chipotle Mexican Grill - Cl A Common stocks	—	—	—	$27K	0.1%
Spdr Bloomberg 1-3 Month T-B Exchange traded funds	—	—	—	$26K	0.1%
Astrazeneca Plc Sponsored Adr Common stocks	—	—	—	$26K	0.1%
Federated Hrms Intl Bnd St P Mutual funds	—	—	—	$25K	0.1%
Fannie Mae Ma4438 2.500% Due 10-01-51 Government debt securities	—	—	—	$25K	0.1%
Walmart Inc Common stocks	—	—	—	$25K	0.1%
Verisk Analytics Inc CL A Common stocks	—	—	—	$25K	0.1%
Fannie Mae Fs4377 3.000% Due 04-01-52 Government debt securities	—	—	—	$25K	0.1%
London Stock Exchg-Unsp ADR Common stocks	—	—	—	$24K	0.1%
Wells Fargo & Co New Common stocks	—	—	—	$24K	0.1%
MSCI Inc Common stocks	—	—	—	$23K	0.1%
Veralto Corp Common stocks	—	—	—	$23K	0.1%
Johnson & Johnson Common stocks	—	—	—	$23K	0.1%
Morgan Stanley Common stocks	—	—	—	$22K	0.1%
Thermo Fisher Scientific Inc Common stocks	—	—	—	$22K	0.1%
Abb Ltd Spons ADR Common stocks	—	—	—	$22K	0.1%
US Treasury Note/Bond 1.750% Due 08-15-41 Government debt securities	—	—	—	$22K	0.1%
Fortive Corp Common stocks	—	—	—	$22K	0.1%
TotalEnergies SE Common stocks	—	—	—	$21K	0.1%
US Bancorp 2.677% Due 01-27-33 Corporate bonds	—	—	—	$21K	0.1%
Asml Holding Nv Common stocks	—	—	—	$21K	0.1%
Tesla Inc Common stocks	—	—	—	$20K	0.1%
Bank Of America Corp 1.197% Due 10-24-26 Corporate bonds	—	—	—	$20K	0.1%
Amadeus IT Holding-Unsp Adr Common stocks	—	—	—	$20K	0.1%
AT&T Inc 1.700% Due 03-25-26 Corporate bonds	—	—	—	$20K	0.1%
Goldman Sachs Group Ine 1.431% Due 03-09-27 Corporate bonds	—	—	—	$20K	0.1%
Goldman Sachs Group Inc 1.948% Due 10-21-27 Corporate bonds	—	—	—	$20K	0.1%
Essilor Intl - ADR Common stocks	—	—	—	$20K	0.1%
US Treasury When Issued Note/Bond 4.250% Due 11-15-34 Government debt securities	—	—	—	$19K	0.1%
US Treasury When Issued Note/Bond 3.625% Due 08-31-29 Government debt securities	—	—	—	$19K	<0.1%
Shell Finance US Inc 2.750% Due 04-06-30 Corporate bonds	—	—	—	$19K	<0.1%
Accenture Capital Inc 4.050% Due 10-04-29 Corporate bonds	—	—	—	$18K	<0.1%
Ecolab Inc Common stocks	—	—	—	$18K	<0.1%
Mcdonalds Corp Common stocks	—	—	—	$18K	<0.1%
Netflix Inc Common stocks	—	—	—	$18K	<0.1%
Intl Business Machines Inc Common stocks	—	—	—	$18K	<0.1%
Chubb Ltd Common stocks	—	—	—	$18K	<0.1%
Mastercard Inc A Common stocks	—	—	—	$18K	<0.1%
US Treasury Note/Bond 3.375% Due 08-15-42 Government debt securities	—	—	—	$17K	<0.1%
General Electric Co Common stocks	—	—	—	$17K	<0.1%
Datadog Inc Class A Common stocks	—	—	—	$17K	<0.1%
Exxon-Mobil Corporation Common stocks	—	—	—	$17K	<0.1%
Coca-Cola Company Common stocks	—	—	—	$17K	<0.1%
Procter & Gamble Co Common stocks	—	—	—	$17K	<0.1%
Disney Walt Co Common stocks	—	—	—	$16K	<0.1%
Relx PLC - Spon ADR Common stocks	—	—	—	$16K	<0.1%
US Treasury Note/Bond 4.000% Due 02-15-34 Government debt securities	—	—	—	$16K	<0.1%
Mckesson Corp Common stocks	—	—	—	$16K	<0.1%
Agilent Technologies Common stocks	—	—	—	$16K	<0.1%
Rolls Royce Group Ple Sponsored Adr Common stocks	—	—	—	$16K	<0.1%
Bank Of America Corp Common stocks	—	—	—	$16K	<0.1%
DBS Group Hidgs Ltd Spon ADR Common stocks	—	—	—	$16K	<0.1%
BP Cap Markets America 5.227% Due 11-17-34 Corporate bonds	—	—	—	$16K	<0.1%
Fannie Mae Ma4600 3.500% Due 05-01-52 Government debt securities	—	—	—	$16K	<0.1%
Conocophillips Common stocks	—	—	—	$16K	<0.1%
Chevron Corp Common stocks	—	—	—	$15K	<0.1%
Inditex-Unspon ADR Common stocks	—	—	—	$15K	<0.1%
Lvmh Moet Hennessy Adr Common stocks	—	—	—	$15K	<0.1%
Equinor Asa 2.375% Due 05-22-30 Corporate bonds	—	—	—	$15K	<0.1%
Fannie Mae Ma4656 4.500% Due 07-01-52 Government debt securities	—	—	—	$15K	<0.1%
Philip Morris Intl Inc 4.875% Due 02-13-29 Corporate bonds	—	—	—	$15K	<0.1%
Epiroc Ab-Unsp ADR Common stocks	—	—	—	$15K	<0.1%
Hitachi Ltd ADR Common stocks	—	—	—	$15K	<0.1%
Philip Morris Intl Inc 5.250% Due 02-13-34 Corporate bonds	—	—	—	$15K	<0.1%
US Treasury Note/Bond 3.875% Due 09-30-29 Government debt securities	—	—	—	$15K	<0.1%
Oracle Corp 1.650% Due 03-25-26 Corporate bonds	—	—	—	$14K	<0.1%
Capgemini Se - Unsponsor ADR Common stocks	—	—	—	$14K	<0.1%
Autozone Inc. Common stocks	—	—	—	$14K	<0.1%
LPL Financial Holdings Inc Common stocks	—	—	—	$14K	<0.1%
Airbus Group NV Common stocks	—	—	—	$14K	<0.1%
Sysco Corp Common stocks	—	—	—	$14K	<0.1%
US Treasury Note/Bond 0.250% Due 07-31-25 Government debt securities	—	—	—	$14K	<0.1%
R Horton Inc. Common stocks	—	—	—	$14K	<0.1%
Crh PLC Common stocks	—	—	—	$14K	<0.1%
Daiichi Sankyo Co - Spon ADR Common stocks	—	—	—	$14K	<0.1%
Marsh & Mclennan Inc. Common stocks	—	—	—	$14K	<0.1%
Edwards Lifesciences Common stocks 893 Eli Lilly & Company Common stocks	—	—	—	$13K	<0.1%
JPMorgan Chase & Co 1.578% Due 04-22-27 Corporate bonds	—	—	—	$13K	<0.1%
Recruit Holdings Co Ltd-ADR Common stocks	—	—	—	$13K	<0.1%
Goldman Sachs Group Inc Common stocks	—	—	—	$13K	<0.1%
Astrazeneca PLC 1.375% Due 08-06-30 Corporate bonds	—	—	—	$13K	<0.1%
Federated Hermes High Yield Strategy Mutual funds	—	—	—	$13K	<0.1%
Jpmorgan Chase & Co 1.470% Due 09-22-27 Corporate bonds	—	—	—	$13K	<0.1%
Comcast Corp Cl A Common stocks	—	—	—	$13K	<0.1%
L Oreal Co Adr Common stocks	—	—	—	$13K	<0.1%
US Treasury Note/Bond 4.250% Due 02-28-29 Government debt securities	—	—	—	$13K	<0.1%
Accenture PLC Common stocks	—	—	—	$13K	<0.1%
US Treasury Note/Bond 4.125% Due 11-15-32 Government debt securities	—	—	—	$13K	<0.1%
Blackrock Inc 1.900% Due 01-28-31 Corporate bonds	—	—	—	$13K	<0.1%
Hologic Inc Common stocks	—	—	—	$13K	<0.1%
US Treasury Note/Bond 2.875% Due 05-15-32 Government debt securities	—	—	—	$13K	<0.1%
American Express Co. Common stocks	—	—	—	$13K	<0.1%
Natwest Group PLC Common stocks	—	—	—	$13K	<0.1%
Discover Financial Common stocks	—	—	—	$12K	<0.1%
Givaudan Unspon ADR Common stocks	—	—	—	$12K	<0.1%
Trane Technologies PLC Common stocks	—	—	—	$12K	<0.1%
US Treasury Notes 3.875% Due 05-15-43 Government debt securities	—	—	—	$12K	<0.1%
Aia Group Ltd Spon ADR Common stocks	—	—	—	$12K	<0.1%
Analog Devices Inc Common stocks	—	—	—	$12K	<0.1%
Diamondback Energy Inc Common stocks	—	—	—	$12K	<0.1%
Fannie Mae Ma4732 4.000% Due 09-01-52 Government debt securities	—	—	—	$12K	<0.1%
US Foods Holding Corp Common stocks	—	—	—	$12K	<0.1%
Jpmorgan Chase & Co 2.545% Due 11-08-32 Government debt securities	—	—	—	$12K	<0.1%
Keyence Corp Common stocks	—	—	—	$12K	<0.1%
CBRE Group Inc Common stocks	—	—	—	$12K	<0.1%
TDK Corp Common stocks	—	—	—	$11K	<0.1%
DSV A/S-Unsponsored ADR Common stocks	—	—	—	$11K	<0.1%
Union Pacific Corp. Common stocks	—	—	—	$11K	<0.1%
Automatic Data Processing Common stocks	—	—	—	$11K	<0.1%
Norfolk Southern Co. Common stocks	—	—	—	$11K	<0.1%
US Treasury Note/Bond 4.750% Due 11-15-53 Government debt securities	—	—	—	$11K	<0.1%
Carrier Global Corp Common stocks	—	—	—	$11K	<0.1%
Hermes Intl-Unsponsored ADR Common stocks	—	—	—	$11K	<0.1%
Moog Inc Class A Common stocks	—	—	—	$11K	<0.1%
Archrock Inc Common stocks	—	—	—	$11K	<0.1%
US Treasury Note/Bond 1.875% Due 11-15-51 Government debt securities	—	—	—	$10K	<0.1%
Corpay Inc Common stocks	—	—	—	$10K	<0.1%
Anheuser Busch Inbev Common stocks	—	—	—	$10K	<0.1%
Flextronics Ltd Common stocks	—	—	—	$10K	<0.1%
Sika Ag-Br-ADR Common stocks	—	—	—	$10K	<0.1%
Blackstone Inc Common stocks	—	—	—	$10K	<0.1%
Houlihan Lokey Inc Common stocks	—	—	—	$10K	<0.1%
Bae Systems Ple Spon Adr (bacs. Y) Common stocks	—	—	—	$10K	<0.1%
Nomura Research Ins-Unsp ADR Common stocks	—	—	—	$10K	<0.1%
Pnc Financial Svc Group Common stocks	—	—	—	$10K	<0.1%
Emerson Electric Co Common stocks	—	—	—	$10K	<0.1%
Gatx Corp Common stocks	—	—	—	$10K	<0.1%
Reinsurance Group of America A Common stocks	—	—	—	$10K	<0.1%
Astrazeneca Finance LLC 4.850% Due 02-26-29 Corporate bonds	—	—	—	$10K	<0.1%
Schlumberger Ltd Common stocks	—	—	—	$10K	<0.1%
Muenchener Rueck ADR Common stocks	—	—	—	$10K	<0.1%
Trade Desk Inc/The Class A Common stocks	—	—	—	$10K	<0.1%
Aon PLC Common stocks	—	—	—	$10K	<0.1%
Amgen Inc 2.450% Due 02-21-30 Corporate bonds	—	—	—	$10K	<0.1%
Raymond James Finl Inc Common stocks	—	—	—	$10K	<0.1%
Shopify Inc A Common stocks	—	—	—	$10K	<0.1%
Micron Tech. Inc. Common stocks	—	—	—	$10K	<0.1%
Wabtec Common stocks	—	—	—	$10K	<0.1%
Spotify Technology Sa Common stocks	—	—	—	$10K	<0.1%
Bridgestone Corp Ltd Adr Japan (brdcy) Common stocks	—	—	—	$9K	<0.1%
CME Group Inc Common stocks	—	—	—	$9K	<0.1%
Tencent Holdings Ltd ADR Common stocks	—	—	—	$9K	<0.1%
CF Industries Holdings Inc Common stocks	—	—	—	$9K	<0.1%

Showing top 200 of 408 investments by value.