Plan Snapshot
- Plan Sponsor: Chatham Service Bureau, INC.
- Sponsor EIN: 580958295
- Sponsor Address: 100 RIVERVIEW DRIVE SUITE 301, SAVANNAH, GA, 31404
- Plan Type: 401(k)
- Total Participants: 369
- Total Assets: $57.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 369 | $57.3M | $873,182 | $2.7M |
| 2023 | 358 | $51.4M | $874,543 | $2.5M |
| 2022 | 345 | $49.2M | $780,205 | $2.5M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $66,637 | — | $66,637 |
| INDEPENDENT ADVISOR ALLIANCE | CONSULTANT | $41,765 | $112 | $41,877 |
| BAKER TILLY, US, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BAKER TILLY, US, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $108,514
- Estimated Expense Ratio: 0.189% 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 | $108,402 | $14,960 | $66,637 | — | — |
| 2023 | $102,538 | $14,162 | $69,131 | — | — |
| 2022 | $100,152 | $3,750 | $96,402 | — | — |