Retirement plan

CHARTER ONE 401(K) PLAN

Name: CHARTER ONE, LLC - CHARTER ONE 401(K) PLAN (2025) Form 5500
Creator: CHARTER ONE, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CHARTER ONE 401(K) PLAN, CHARTER ONE, LLC

CHARTER ONE, LLCEIN 82-3735558Plan #001PY 2025

6913 E. REMBRANDT AVE - MESA, AZ 85212480-420-2101charter.oneLinkedIn51-200 employeeseducation management

Prospect flagsLow assets / participantLow employer contribution

How to read this page

Total assets (EOY)

$33.2M

+43.2% from 2024

Total participants

4,883

+28.0% from 2024

Average account balance

$7,773

+12.5% from 2024

Annual return

19.46%

-5.95 pp from 2024

Benchmarks

See 356 peers

Peer group

Industryany (size+type match)

Plan typeDefined contribution

Participants1,000-4,999

Cohort356 peers

Snapshot2025

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

Analytics

Total assets (EOY)

Plan-year ending balance

$33.24M

Not enough data

1 years with asset history on file

Average account balance

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

$8K

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.

4,276

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.

84.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$8.13M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+19.46%

Not enough data

1 years with return on file

Admin fee / account holder

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

$73

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 1 by compensation

Provider	Service type	Compensation
JOHN HANCOCK LIFE INSURANCE COMPANY7+ years Filed as: JOHN HANCOCK LIFE INS CO Service code 15 · EIN 01-0233346	Recordkeeping	$20,001

Plan features & details

Pension benefit codes2E2F2G2J3D

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.
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.

Opportunity flags

2 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$311K

$81 / participant

Recordkeeping$279K89.5%
Other / not subdivided$33K10.5%

% of EOY assets

0.937%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: METZ, CPA PLLC
Auditor EIN: 464558541
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$7,773

$85,660-90.9%

$77,361-90.0%

$85,660-90.9%

Participation rate

84.2%

74.8%+9.3pp

75.0%+9.2pp

74.8%+9.3pp

Annual return

19.46%

19.52%-0.1pp

1011.54%-992.1pp

19.52%-0.1pp

Employer contribution / active EE

$619

$4,199-85.3%

$2,990-79.3%

$4,199-85.3%

Participant deferral / active EE

$1,502

$3,518-57.3%

$3,911-61.6%

$3,518-57.3%

Admin fee / account holder

$73

$224-67.5%

$5,894-98.8%

$224-67.5%

Provider

Service type

Compensation

JOHN HANCOCK LIFE INSURANCE COMPANY7+ years

Filed as: JOHN HANCOCK LIFE INS CO

Service code 15 · EIN 01-0233346

Recordkeeping

$20,001

CHARTER ONE 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CHARTER ONE 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