Plan Snapshot
- Plan Sponsor: Chenmed, LLC
- Sponsor EIN: 463929096
- Sponsor Address: 1395 NW 167TH ST, MIAMI GARDENS, FL, 331695373
- Plan Type: 401(k)
- Total Participants: 4,572
- Total Assets: $217.8M
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 | 4,572 | $217.8M | $19.9M | $27.7M |
| 2023 | 4,992 | $186.5M | $22.7M | $32.4M |
| 2022 | 5,243 | $123.6M | $16.1M | $26.7M |
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 |
|---|---|---|---|---|
| CROWE, 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 | $591,817 | — | $591,817 | — | — |
| 2023 | $746,979 | $14,601 | $728,826 | — | — |
| 2022 | $686,602 | $90,332 | $531,694 | — | $64,576 |