Plan Snapshot
- Plan Sponsor: Chief Industries INC
- Sponsor EIN: 470444429
- Sponsor Address: 3550 PRAIRIEVIEW ST., GRAND ISLAND, NE, 68803
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 1,550
- Total Assets: $149.2M
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. |
|---|---|---|---|---|
| 2025 | 1,550 | $149.2M | $0 | $0 |
| 2024 | 1,296 | $129.5M | $2.3M | $7.1M |
| 2023 | 1,255 | $119.4M | $2.1M | $6.8M |
| 2022 | 1,229 | $102.8M | $1.4M | $6.2M |
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 |
|---|---|---|---|---|
| ALLEN CAPITAL GROUP LLC | Other Service Provider | $253,745 | — | $253,745 |
| SCHWAB RETIREMENT PLAN SERVICES,INC | Other Service Provider | $97,777 | — | $97,777 |
| FORVIS MAZARS, LLP | Other Service Provider | $18,250 | — | $18,250 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $369,772
- Estimated Expense Ratio: 0.248% of plan assets
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 |
|---|---|---|---|---|---|
| 2025 | $12,148,642 | $254,527 | — | $18,250 | — |
| 2024 | $216,595 | $110,751 | $8,491 | $8,000 | — |
| 2023 | $251,524 | — | $251,524 | — | — |
| 2022 | $267,592 | — | $267,592 | — | — |