Plan Snapshot
- Plan Sponsor: Chartwell Financial Advisory, INC.
- Sponsor EIN: 364799908
- Sponsor Address: 150 SOUTH FIFTH STREET, MINNEAPOLIS, MN, 55402
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 131
- Total Assets: $24.3M
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 | 131 | $24.3M | $0 | $0 |
| 2024 | 104 | $19.2M | $510,930 | $1.6M |
| 2023 | 109 | $14.5M | $451,387 | $1.5M |
| 2022 | 91 | $10.7M | $348,431 | $1.2M |
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 |
|---|---|---|---|---|
| OLSEN THIELEN & CO., LTD | Auditor | — | — | $0 |
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 |
|---|---|---|---|---|---|
| 2025 | $897,616 | — | — | — | — |
| 2024 | $52,890 | — | — | — | — |
| 2023 | $480,501 | — | — | — | — |
| 2022 | $820,399 | — | — | — | — |