Retirement plan

CHARTON MANAGEMENT INC. 401(K) PLAN

Name: CHARTON MANAGMENT, INC. - CHARTON MANAGEMENT INC. 401(K) PLAN (2017) Form 5500
Creator: CHARTON MANAGMENT, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CHARTON MANAGEMENT INC. 401(K) PLAN, CHARTON MANAGMENT, INC.

CHARTON MANAGMENT, INC.EIN 55-0648395Plan #001PY 2017

373 TIMBERLINE PARKWAY - VIENNA, WV 26105304-865-2222LinkedIn201-500 employees

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$2.2M

+18.8% from 2016

Total participants

129

-19.4% from 2016

Average account balance

$27,140

+30.7% from 2016

Annual return

16.44%

+10.42 pp from 2016

Benchmarks

See 945 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants100-249

Cohort945 peers

Snapshot2017

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$2.72M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$85K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

123.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$106K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+12.34%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$2725

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 2 by compensation

Provider	Service type	Compensation
NATIONWIDE3+ years Service code 13 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Contract Administrator	$19,910
WELLS FARGO BANK, N.A.3+ years Filed as: WELLS FARGO ADVISORS FINANCIAL Service code 27 401 S. TRYON ST. 19TH FLOOR · CHARLOTTE, NC 282889243	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2E2F2G2J2T3D2K3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$20K

$191 / participant

Contract admin$20K100.0%

% of EOY assets

0.917%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: MCDONOUGH, EDDY, PARSONS & BAYLESS
Auditor EIN: 550603535
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$27,140

$36,767-26.2%

$81,473-66.7%

$62,293-56.4%

Participation rate

52.9%

54.4%-1.6pp

68.0%-15.1pp

69.5%-16.6pp

Annual return

16.44%

173.80%-157.4pp

38.78%-22.3pp

28.90%-12.5pp

Employer contribution / active EE

$327

$1,128-71.0%

$2,568-87.3%

$2,042-84.0%

Participant deferral / active EE

$814

$2,111-61.4%

$3,537-77.0%

$3,169-74.3%

Admin fee / account holder

$249

$797-68.8%

$4,561-94.5%

$479-48.1%

Provider

Service type

Compensation

NATIONWIDE3+ years

Service code 13

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Contract Administrator

$19,910

WELLS FARGO BANK, N.A.3+ years

Filed as: WELLS FARGO ADVISORS FINANCIAL

Service code 27

401 S. TRYON ST. 19TH FLOOR · CHARLOTTE, NC 282889243

Advisory (Plan)

CHARTON MANAGEMENT INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CHARTON MANAGEMENT INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion