Plan Snapshot
- Plan Sponsor: J.W. Cheatham, LLC
- Sponsor EIN: 201928479
- Sponsor Address: 7396 WESTPORT PLACE, WEST PALM BEACH, FL, 33413
- Plan Type: 401(k)
- Total Participants: 97
- Total Assets: $5.8M
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. |
|---|---|---|---|---|
| 2024 | 97 | $5.8M | $234,879 | $290,046 |
| 2023 | 119 | $5.2M | $180 | $230,616 |
| 2022 | 98 | $7.9M | $179,770 | $201,635 |
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 |
|---|---|---|---|---|
| JULIAN J RODRIGUES, P.A. | 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 | $7,248 | — | $7,248 | — | — |
| 2023 | $32,116 | $9,421 | $16,645 | — | — |
| 2022 | $40,330 | $4,474 | $34,718 | — | $1,138 |