Plan Snapshot
- Plan Sponsor: Charter Communications, INC.
- Sponsor EIN: 841496755
- Sponsor Address: 7820 CRESCENT EXECUTIVE DRIVE, CHARLOTTE, NC, 28217
- Plan Type: DB
- Plan Number: 001
- Total Participants: 13,978
- Total Assets: $2.3B
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 | 13,978 | $2.3B | $0 | $0 |
| 2023 | 15,757 | $2.6B | $0 | $0 |
| 2022 | 16,981 | $2.6B | $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 |
|---|---|---|---|---|
| FID INV INST OPS CO | Recordkeeper | $4,076,542 | — | $4,076,542 |
| WILLIS TOWERS WATSON | Other Service Provider | $2,451,354 | — | $2,451,354 |
| WELLINGTON MANAGEMENT COMPANY | Other Service Provider | $279,693 | — | $279,693 |
| PARAMETRIC PORTFOLIO ASSOCIATES LLC | Other Service Provider | $199,106 | — | $199,106 |
| DLA PIPER LLP US | ERISA Attorney | $116,794 | — | $116,794 |
| BLACKROCK, INC | Other Service Provider | $84,443 | — | $84,443 |
| IR+M COLLECTIVE INVESTMENT | Other Service Provider | $83,958 | — | $83,958 |
| STATE STREET GLOBAL ADVISORS | Other Service Provider | $80,000 | — | $80,000 |
| THE BANK OF NEW YORK MELLON | Other Service Provider | $79,883 | — | $79,883 |
| ARMANINO LLP | Auditor | $38,850 | — | $38,850 |
| KPMG | Auditor | $15,000 | — | $15,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FID INV INST OPS CO — Recordkeeper
- DLA PIPER LLP US — ERISA Attorney
- ARMANINO LLP — Auditor
- KPMG — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $7,505,623
- Estimated Expense Ratio: 0.324% 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 | $2,257,794 | $2,124,061 | — | $38,850 | — |
| 2023 | $39,341,158 | $3,998,661 | — | $40,950 | — |
| 2022 | — | — | — | — | — |