Plan Snapshot
- Plan Sponsor: The Chimes, Dc, INC.
- Sponsor EIN: 541691953
- Sponsor Address: 4815 SETON DRIVE, BALTIMORE, MD, 21215
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 1,241
- Total Assets: $9.3M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,241 | $9.3M | $12.4M | $0 |
| 2023 | 1,317 | $6.7M | $134,498 | $126,327 |
| 2022 | 1,124 | $16.8M | $945,210 | $125,037 |
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 |
|---|---|---|---|---|
| BSI COMPANIES | Recordkeeper | $410,034 | — | $410,034 |
| TRANSNATION TRANSLATIONS, INC. | Other Service Provider | $243,626 | — | $243,626 |
| BH BENEFITS | Other Service Provider | $179,000 | — | $179,000 |
| INDEPENDENT FIDUCIARY SERVICES | Other Service Provider | $126,000 | — | $126,000 |
| RSM, US, LLP | Other Service Provider | $16,577 | — | $16,577 |
| TELADOC HEALTH, INC. | Other Service Provider | $15,367 | — | $15,367 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $990,604
- Estimated Expense Ratio: 10.709% 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 | $1,090,550 | — | — | $16,578 | — |
| 2023 | $1,095,611 | — | $877,215 | $30,500 | — |
| 2022 | $1,082,689 | — | $674,433 | — | $93,912 |