401(k) · DOL Form 5500 · 2024

Charter Management Company 401(k) Plan

Data updated 2026-08-11

$53M
Total assets
66
Participants
85th
Percentile by assets
$804,181
Avg per participant
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Official DOL plan name: Charter Management Company, Inc. 401(k) & Ps Plan · Sponsored by Charter Management Company · Massachusetts · Finance & Insurance

$53M in assets, 66 participants

Charter Management Company's Charter Management Company, Inc. 401(k) & Ps Plan reported $53M in total assets and 66 participants in its 2024 DOL Form 5500 filing, ranking in the 85th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 85th percentile by assets (of 123,622 plans)
  • #6,539 in Finance & Insurance (8,549 peers)

Where Charter Management Company, Inc. 401(k) & Ps Plan sits by assets

Charter Management Company, Inc. 401(k) & Ps Plan sits in the top quartile of all filed plans by assets, $53M for 66 participants (~$804,181/participant), up 12.5% in 2024.

$53M
total plan assets (2024 EOY)
66
covered participants
85th
percentile by assets (of 123,622 plans)
$804,181
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Charter Management Company, Inc. 401(k) & Ps Plan reported net income fell from $8M in the plan year 2023 filing to $6M in the plan year 2024 filing.
  • Charter Management Company, Inc. 401(k) & Ps Plan end-of-year assets rose from $47M in the plan year 2023 filing to $53M in the plan year 2024 filing.
  • Charter Management Company, Inc. 401(k) & Ps Plan reported participants fell from 68 in the plan year 2023 filing to 66 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Charter Management Company, Inc. 401(k) & Ps Plan vs the 2024 asset distribution

By assets, Charter Management Company, Inc. 401(k) & Ps Plan outranks 85% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.5x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$47M
Net Assets (End of Year)$53M
Net Income$6M
Employer EIN043104313
Plan Effective Date1996-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Charter Management Company)

$35M$40M$45M$50M$55M 202220232024 $39M $53.1M ▲ +36.0%
Total plan assets by year, all Charter Management Company plans on file
Year Plans Participants Total Assets
2022 1 67 $39M
2023 1 68 $47M
2024 1 66 $53M

Nearby 401(k) Plans in Massachusetts

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Charter Management Company, Inc. 401(k) & Ps Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Charter Management Company, Inc. 401(k) & Ps Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Charter Management C…Fidelity Retirement …Liberty Mutual 401(k…Massachusetts Instit…Boston Scientific Co…State Street Salary …
Charter Management Company, Inc. 401(k) & Ps Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Charter Management Company, Inc. 401(k) & Ps Plan by total assets, not by location.

Frequently Asked Questions

How did Charter Management Company, Inc. 401(k) & Ps Plan assets move in 2024?
Charter Management Company, Inc. 401(k) & Ps Plan grew at a solid clip - up 12.5% during 2024, from $47M to $53M. Reported net income was $6M.
How have Charter Management Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Charter Management Company's sponsor-wide assets grew 36.0%, from $39M to $53M.
Where does Charter Management Company, Inc. 401(k) & Ps Plan rank by assets among Form 5500 filers?
Charter Management Company, Inc. 401(k) & Ps Plan ranks in the 85th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Charter Management Company, Inc. 401(k) & Ps Plan?
Among 401(k) plans in other states, the closest by assets is Atlantic Diving Supply 401(k) Profit Sharing Plan & Trust in VA ($53M, 384 participants).

Next read for Charter Management Company, Inc. 401(k) …

Scale reading

Ways to act on Charter Management Company, Inc. 401(k) & Ps Plan's numbers.

  • By total assets, Charter Management Company, Inc. 401(k) & Ps Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Massachusetts. Compare plans
  • Charter Management Company's sponsor-wide assets have grown 36.0% since 2022 across 3 plan years on file. More Finance & Insurance plans