Plan Snapshot
- Plan Sponsor: Chapman Management Corporation
- Sponsor EIN: 233280606
- Sponsor Address: 1170 EASTON ROAD, HORSHAM, PA, 19044
- Plan Type: 401(k)
- Total Participants: 507
- Total Assets: $38.0M
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 | 507 | $38.0M | $746,865 | $2.5M |
| 2023 | 525 | $32.8M | $691,032 | $2.3M |
| 2022 | 514 | $27.2M | $661,531 | $2.3M |
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 |
|---|---|---|---|---|
| JOHN HANCOCK LIFE INSURANCE COMPANY | RECORD KEEPER | $7,036 | — | $7,036 |
| COUNCILOR, BUCHANAN & MITCHELL | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK LIFE INSURANCE COMPANY — RECORD KEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $7,036
- Estimated Expense Ratio: 0.019% 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 | $183,643 | — | $157,467 | — | — |
| 2023 | $160,665 | — | $134,067 | — | — |
| 2022 | $149,126 | — | $128,416 | — | $20,710 |