Plan Snapshot
- Plan Sponsor: Charter Construction, INC.
- Sponsor EIN: 621043941
- Sponsor Address: 4504 KENTUCKY AVENUE, NASHVILLE, TN, 37209
- Plan Type: 401(k)
- Total Participants: 513
- Total Assets: $7.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 513 | $7.3M | $330,350 | $733,708 |
| 2023 | 727 | $5.8M | $360,484 | $730,043 |
| 2022 | 588 | $4.0M | $303,336 | $645,517 |
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 |
|---|---|---|---|---|
| LBMC PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LBMC PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $80,853 | — | $80,853 | — | — |
| 2023 | $58,346 | — | $58,346 | — | — |
| 2022 | $45,858 | — | $45,858 | — | — |