Plan Snapshot
- Plan Sponsor: Chauvet & Sons, LLC.
- Sponsor EIN: 650184363
- Sponsor Address: 3360 DAVIE ROAD, SUITE 509, DAVIE, FL, 33314
- Plan Type: 401(k)
- Total Participants: 260
- Total Assets: $13.1M
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 | 260 | $13.1M | $472,349 | $1.3M |
| 2023 | 231 | $9.5M | $398,704 | $1.1M |
| 2022 | 216 | $7.3M | $302,241 | $832,992 |
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 |
|---|---|---|---|---|
| COHNREZNICK, LLP | 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 |
|---|---|---|---|---|---|
| 2024 | $79,663 | $70,459 | $9,204 | — | — |
| 2023 | $72,568 | $62,714 | $9,854 | — | — |
| 2022 | $59,565 | $55,128 | $4,437 | — | — |