Plan Snapshot
- Plan Sponsor: Charms LLC
- Sponsor EIN: 364119865
- Sponsor Address: 7401 S. CICERO AVENUE, CHICAGO, IL, 60629
- Plan Type: DC
- Total Participants: 404
- Total Assets: $35.6M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 404 | $35.6M | $1.5M | $1.4M |
| 2023 | 459 | $34.0M | $1.4M | $1.4M |
| 2022 | 392 | $30.3M | $1.2M | $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 |
|---|---|---|---|---|
| VOYA RETIREMENT INSURANCE & ANNUITY | SERVICE PROVIDER | $9,860 | — | $9,860 |
| VOYA RETIREMENT ADVISORS, LLC | SERVICE PROVIDER | $7,716 | — | $7,716 |
| SASSETTI LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SASSETTI LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $17,576
- Estimated Expense Ratio: 0.049% 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 | $17,575 | $7,715 | $8,510 | — | — |
| 2023 | $6,639 | $6,089 | — | — | — |
| 2022 | $5,943 | — | — | — | — |