Plan Snapshot
- Plan Sponsor: Charleston Ent Associates, LLC
- Sponsor EIN: 582281023
- Sponsor Address: 2295 HENRY TECKLENBURG DR, CHARLESTON, SC, 29414
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 439
- Total Assets: $58.9M
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. |
|---|---|---|---|---|
| 2025 | 439 | $58.9M | $0 | $0 |
| 2024 | 318 | $48.8M | $1.1M | $1.8M |
| 2023 | 314 | $41.8M | $606,387 | $1.6M |
| 2022 | 298 | $35.0M | $474,767 | $1.3M |
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 |
|---|---|---|---|---|
| WELLS FARGO ADVISORS FIN NETWORK LL | Investment Advisor | $61,141 | — | $61,141 |
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $44,783 | — | $44,783 |
| KIMBERLIN COMPANY PLLC | Auditor | $21,250 | — | $21,250 |
| ENVESTNET RETIREMENT SOLUTIONS, LLC | Other Service Provider | $10,469 | — | $10,469 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $6,538 | — | $6,538 |
| QUALIFIED RETIREMENT PLAN SERVICES, | Other Service Provider | $5,438 | — | $5,438 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $149,619
- Estimated Expense Ratio: 0.254% 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 |
|---|---|---|---|---|---|
| 2025 | $840,974 | $67,679 | $1,438 | $21,250 | — |
| 2024 | $106,982 | $56,440 | $5,868 | — | — |
| 2023 | $100,097 | $44,040 | — | $19,530 | — |
| 2022 | $19,903 | — | $19,903 | — | — |