Plan Snapshot
- Plan Sponsor: Chamber Business Solutions Trust
- Sponsor EIN: 846429706
- Sponsor Address: 464 CHENAULT ROAD, FRANKFORT, KY, 40601
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 0
- Total Assets: $41.9M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 0 | $41.9M | $0 | $0 |
| 2023 | 0 | $36.2M | $0 | $0 |
| 2022 | 0 | $28.3M | $0 | $0 |
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 |
|---|---|---|---|---|
| ANTHEM HEALTH PLANS OF KENTUCKY, IN | Recordkeeper | $5,663,064 | — | $5,663,064 |
| CONSOLIPLEX KENTUCKY, LLC | Other Service Provider | $2,771,526 | — | $2,771,526 |
| MALONEY + NOVOTNY, LLC | Auditor | $76,288 | — | $76,288 |
| HUNTINGTON NATIONAL BANK | Other Service Provider | $45,352 | — | $45,352 |
| OPTUM | Other Service Provider | $13,888 | — | $13,888 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ANTHEM HEALTH PLANS OF KENTUCKY, IN — Recordkeeper
- MALONEY + NOVOTNY, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $8,570,118
- Estimated Expense Ratio: 20.460% 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 | $11,685,654 | $45,352 | $8,434,590 | $76,288 | — |
| 2023 | $17,851,508 | $34,102 | $14,175,085 | $51,512 | — |
| 2022 | $18,468,596 | $13,838 | $15,563,292 | — | $63,615 |