Plan Snapshot
- Plan Sponsor: Chesapeake Nurseries, INC.
- Sponsor EIN: 520759996
- Sponsor Address: 27588 PEMBERTON DRIVE, SALISBURY, MD, 21801
- Plan Type: 401(k)
- Total Participants: 49
- Total Assets: $6.5M
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 | 49 | $6.5M | $93,867 | $192,790 |
| 2023 | 52 | $5.5M | $94,356 | $210,302 |
| 2022 | 48 | $4.4M | $81,184 | $188,581 |
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 |
|---|---|---|---|---|
| PKS & COMPANY, PA | 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 | $38,401 | $20,849 | — | — | — |
| 2023 | $30,801 | $16,694 | — | — | — |
| 2022 | $28,869 | — | — | — | — |