Plan Snapshot
- Plan Sponsor: Executive Charge INC
- Sponsor EIN: 112456247
- Sponsor Address: 3616 SKILLMAN AVE, LONG ISLAND CITY, NY, 111011730
- Plan Type: 401(k)
- Total Participants: 111
- Total Assets: $4.7M
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 | 111 | $4.7M | $4,163 | $212,779 |
| 2023 | 113 | $5.6M | $0 | $203,203 |
| 2022 | 125 | $5.2M | $428 | $192,129 |
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 |
|---|---|---|---|---|
| DDK & COMPANY LLP | 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 | $42,384 | $16,615 | $24,909 | — | — |
| 2023 | $39,460 | $15,662 | $8,798 | — | — |
| 2022 | $43,346 | $19,305 | $10,041 | — | $14,000 |