Plan Snapshot
- Plan Sponsor: Charter Next Generation, INC.
- Sponsor EIN: 473019794
- Sponsor Address: 300 N LASALLE STREET, CHICAGO, IL, 60654
- Plan Type: 401(k)
- Total Participants: 2,385
- Total Assets: $137.7M
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 | 2,385 | $137.7M | $6.3M | $10.3M |
| 2023 | 2,025 | $115.1M | $5.1M | $8.8M |
| 2022 | 2,014 | $89.0M | $4.6M | $7.4M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $197,368 | — | $197,368 |
| GLOBAL RETIREMENT PARTNERS, LLC | INVESTMENT ADVISOR | $39,000 | — | $39,000 |
| CLIFTONLARSENALLEN LLP | ACCOUNTANT/AUDITOR | $17,010 | — | $17,010 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- GLOBAL RETIREMENT PARTNERS, LLC — INVESTMENT ADVISOR
- CLIFTONLARSENALLEN LLP — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $253,378
- Estimated Expense Ratio: 0.184% 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 | $255,378 | $41,000 | $300 | $17,010 | — |
| 2023 | $257,355 | — | $1,200 | $46,838 | — |
| 2022 | $217,142 | — | — | — | — |