Plan Snapshot
- Plan Sponsor: Chawk Technology International INC.
- Sponsor EIN: 710998709
- Sponsor Address: 31033 HUNTWOOD AVE, HAYWARD, CA, 94544
- Plan Type: 401(k)
- Total Participants: 324
- Total Assets: $12.3M
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. |
|---|---|---|---|---|
| 2024 | 324 | $12.3M | $562,220 | $1.2M |
| 2023 | 277 | $9.8M | $574,590 | $1.2M |
| 2022 | 350 | $6.9M | $516,991 | $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 |
|---|---|---|---|---|
| CONCENTRUM WEALTH MANAGEMENT | INVESTMENT ADVISOR | $23,313 | — | $23,313 |
| EMPOWER ANNUITY INS. CO. OF AMERICA | RECORDKEEPER | $9,801 | — | $9,801 |
| NICHOLAS PENSION CONSULTANTS, INC. | CONTRACT ADMIN | $6,079 | — | $6,079 |
| CRAWFORD PIMENTEL CORPORATION | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $39,193
- Estimated Expense Ratio: 0.319% 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 | $41,351 | — | $41,351 | — | — |
| 2023 | $23,576 | — | $23,576 | — | — |
| 2022 | $12,596 | — | $12,596 | — | — |