Plan Snapshot
- Plan Sponsor: Chuck Patterson, INC.
- Sponsor EIN: 942644759
- Sponsor Address: 200 EAST AVENUE, CHICO, CA, 95926
- Plan Type: 401(k)
- Total Participants: 96
- Total Assets: $12.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 96 | $12.8M | $158,059 | $312,829 |
| 2023 | 96 | $10.1M | $218,848 | $335,965 |
| 2022 | 94 | $8.9M | $220,710 | $392,531 |
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 |
|---|---|---|---|---|
| RICHARD W. POWELL CPA, INC. | 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 | $114,891 | — | $55,445 | — | — |
| 2023 | $40,113 | — | $5,870 | — | — |
| 2022 | $92,112 | $80,037 | $12,075 | — | — |