Plan Snapshot
- Plan Sponsor: Chelos Management Company, INC.
- Sponsor EIN: 800025541
- Sponsor Address: 1725 MENDON RD, SUITE 209, CUMBERLAND, RI, 02864
- Plan Type: 401(k)
- Total Participants: 238
- Total Assets: $10.2M
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 | 238 | $10.2M | $57,337 | $197,691 |
| 2023 | 255 | $9.1M | $62,487 | $179,005 |
| 2022 | 239 | $7.7M | $59,739 | $197,688 |
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 |
|---|---|---|---|---|
| KAHN, KITWIN, RENZA & 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 |
|---|---|---|---|---|---|
| 2024 | $13,335 | — | — | — | — |
| 2023 | $4,960 | — | — | — | — |
| 2022 | $2,030 | — | — | — | — |