Chernoff Sales, INC. 401(k) Plan

Form 5500 filing data for plan year 2024.

Plan Snapshot

  • Plan Sponsor: Chernoff Sales, INC.
  • Sponsor EIN: 590941776
  • Sponsor Address: 6280 NW 27TH WAY, FT. LAUDERDALE, FL, 33309
  • Plan Type: 401(k)
  • Total Participants: 26
  • Total Assets: $5.0M

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

YearParticipantsTotal AssetsEmployer Contrib.Employee Contrib.
202426$5.0M$184,233$204,081
202325$5.7M$154,749$165,049
202222$4.8M$38,170$126,259
202021$5.8M$149,470$112,804

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