# Chernoff Sales, INC. 401(k) Plan
Source: https://planprovider.pro/companies/chernoff-sales-inc-401k-plan

> Chernoff Sales, INC.'s 401(k) plan: 26 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

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

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|26|$5.0M|$184,233|$204,081|

| 2023|25|$5.7M|$154,749|$165,049|

| 2022|22|$4.8M|$38,170|$126,259|

| 2020|21|$5.8M|$149,470|$112,804|

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