Plan Ledger DOL Form 5500 · updated monthly

Chalfant Corporation401(k)

CHALFANT CORP. 401(K) PLAN · BOISE, ID · plan year 2024

Reported admin expense ratio · 2024
0.69%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Chalfant Corporation reported $39,287 in plan administrative expenses for 2024: 0.69% of average plan assets, above the peer median. Employer contributions averaged $1,784 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.50% to 0.69%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Idaho (219th of 349), and 3,491st of 5,215 in retail trade. In 2024, employees put in $2.21 for every $1.00 the employer contributed; active participation has shrunk from 115 to 92 since 2022.

Plan summary
Net assets, end of year$6,011,689
Participants with balances104
Active participants92
Employer contributions$164,082
Employee contributions$362,243
Employer contribution per active participant$1,784
Average account balance$57,805
Benefits paid to participants$569,253
Plan auditUnmodified (clean) audit opinion
AuditorALPINE SUMMIT CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$6.0M · 104 accts · $164K emplr
2023$5.4M · 105 accts · $160K emplr
2022$4.2M · 119 accts · $144K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,287
Total administrative$39,287
The Chalfant Corporation 401(k) match · 2024
Employer contribution per active participant$1,784
Median for plans this size$1,313
2024$1,784 per active participant
2023$1,703 per active participant
2022$1,255 per active participant

Chalfant Corporation's 2024 employer contribution ran above the $1,313 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
CLIFTON LARSON ALLEN WEALTH ADVISOR · Investment advisory (plan)$22,824
MAP RETIREMENT USA LLC · Contract administrator$5,421

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$39,287 · 0.69%
2023$33,619 · 0.70%
2022$22,125 · 0.50%
Same employer
Similar plansRetail Trade · Idaho
Etison, LLC ID$8.0M · 0.40%
Zamzow's, Inc ID$7.7M · 0.24%
Dysons Inc. ID$6.9M · 0.21%
Auto Ranch Group, Inc. ID$4.6M · 0.71%
Purdy Enterprises, Inc. ID$4.4M · 0.02%
Oasis Stopn Go LLC ID$3.1M · 1.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 900452856 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.