Plan Snapshot
- Plan Sponsor: Chags Health Information Technology, LLC
- Sponsor EIN: 462648765
- Sponsor Address: 10480 LITTLE PATUXENT PKWY, COLUMBIA, MD, 21044
- Plan Type: 401(k)
- Total Participants: 68
- Total Assets: $9.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 68 | $9.0M | $283,919 | $678,374 |
| 2023 | 64 | $7.9M | $311,132 | $771,931 |
| 2022 | 150 | $6.6M | $491,096 | $1.1M |
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 |
|---|---|---|---|---|
| SIKICH CPA LLC | Auditor | $5,436 | — | $5,436 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SIKICH CPA LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $5,436
- Estimated Expense Ratio: 0.061% 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 | $5,436 | — | — | $5,436 | — |
| 2023 | $5,597 | — | — | — | — |
| 2022 | $4,068 | — | — | — | — |