# America Chung Nam, LLC. 401(k) Plan
Source: https://planprovider.pro/companies/america-chung-nam-llc-401k-plan

> America Chung Nam, LLC.&#39;s 401(k) plan: 36 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** America Chung Nam, LLC.

- **Sponsor EIN:** 330398523

- **Sponsor Address:** 1163 FAIRWAY DRIVE, CITY OF INDUSTRY, CA, 91789

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

- **Total Participants:** 36

- **Total Assets:** $12.5M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|36|$12.5M|$48,997|$459,782|

| 2023|45|$12.2M|$56,070|$465,232|

| 2022|48|$10.9M|$66,104|$516,629|

## 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|

| CALIFORNIA BENEFIT PLANNERS|CONTRACT ADMINISTRATOR|$21,961|$5|$21,966|

| PRINCIPAL LIFE INSURANCE COMPANY|CONTRACT ADMINISTRATOR|$19,126|—|$19,126|

| RPA FINANCIAL LLC|INVESTMENT AD VISORY|$1,271|$5,964|$7,235|

| THONG YU WONG & LEE LLP|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [THONG YU WONG & LEE LLP](https://planprovider.pro/provider/thong-yu-wong-and-lee-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $48,327

- **Estimated Expense Ratio:** 0.388% 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|$42,361|—|$42,361|—|—|

| 2023|$41,266|—|$41,266|—|—|

| 2022|$45,638|$20,929|$24,709|—|—|

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