Plan Snapshot
- Plan Sponsor: Chairmans Foods, LLC
- Sponsor EIN: 821622006
- Sponsor Address: 2636 ELM HILL PIKE SUITE 201, NASHVILLE, TN, 37214
- Plan Type: DC
- Total Participants: 351
- Total Assets: $4.8M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 351 | $4.8M | $414,408 | $772,042 |
| 2023 | 294 | $3.6M | $399,485 | $750,899 |
| 2022 | 304 | $2.5M | $323,129 | $631,014 |
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 |
|---|---|---|---|---|
| ARES RETIREMENT PLAN SERVICES LLC | CONTRACT ADMIN | $12,163 | $10,832 | $22,995 |
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $11,418 | — | $11,418 |
| GLOBAL RETIREMENT PARTNERS LLC | INVESTMENT ADVISOR | $10,598 | — | $10,598 |
| CARR, RIGGS & INGRAM, LLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $45,011
- Estimated Expense Ratio: 0.938% 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 | $18,690 | — | $18,690 | — | — |
| 2023 | $21,737 | $12,849 | $8,888 | — | — |
| 2022 | $13,901 | $9,721 | $4,180 | — | — |