Plan Snapshot
- Plan Sponsor: Elizabeth Charles Corporation
- Sponsor EIN: 411758248
- Sponsor Address: 5255 EDINA INDUSTRIAL BLVD., EDINA, MN, 55439
- Plan Type: 401(k)
- Total Participants: 229
- Total Assets: $8.2M
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 | 229 | $8.2M | $0 | $558,722 |
| 2023 | 231 | $7.1M | $0 | $562,464 |
| 2022 | 214 | $6.1M | $0 | $560,615 |
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 |
|---|---|---|---|---|
| ELLINGSON & ELLINGSON, LTD. | 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 | $37,982 | $37,982 | — | — | — |
| 2023 | $27,916 | $27,916 | — | — | — |
| 2022 | $27,692 | $27,692 | — | — | — |