Plan Snapshot
- Plan Sponsor: Chipton-Ross, INC.
- Sponsor EIN: 953889434
- Sponsor Address: 343 MAIN ST, EL SEGUNDO, CA, 90245
- Plan Type: 401(k)
- Total Participants: 1,282
- Total Assets: $44.4M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 1,282 | $44.4M | $41 | $4.6M |
| 2023 | 2,158 | $42.6M | $0 | $5.2M |
| 2022 | 1,167 | $35.4M | $0 | $4.1M |
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 |
|---|---|---|---|---|
| WEINBERG & COMPANY, P.A. | Auditor | $9,500 | — | $9,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WEINBERG & COMPANY, P.A. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $9,500
- Estimated Expense Ratio: 0.021% 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 |
|---|---|---|---|---|---|
| 2024 | $134,440 | $3,425 | — | $9,500 | — |
| 2023 | $143,745 | $1,183 | — | $19,095 | — |
| 2022 | $109,463 | — | — | — | — |