Plan Ledger DOL Form 5500 · updated monthly

Cha Consulting Inc.401(k)

CHA CONSULTING, INC. RETIREMENT INVESTMENT PLAN · ALBANY, NY · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Cha Consulting Inc. reported $332,707 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $2,819 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 fell from 0.15% to 0.13%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 370th-largest of 5,648 plans among New York employers on file, and the 623rd of 11,654 in professional & technical services. In 2024, employees put in $3.26 for every $1.00 the employer contributed; active participation has grown from 1,453 to 1,954 since 2022.

Plan summary
Net assets, end of year$268,288,967
Participants with balances2,430
Active participants1,954
Employer contributions$5,507,601
Employee contributions$17,951,620
Employer contribution per active participant$2,819
Average account balance$110,407
Benefits paid to participants$22,657,691
Plan auditUnmodified (clean) audit opinion
AuditorUHY
Plan history3
Yearassets · accounts · employer contribution
2024$268.3M · 2,430 accts · $5.5M emplr
2023$229.6M · 2,217 accts · $5.1M emplr
2022$176.3M · 1,904 accts · $3.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$141,088
Investment management$191,619
Total administrative$332,707
The Cha Consulting Inc. 401(k) match · 2024
Employer contribution per active participant$2,819
Median for plans this size$3,635
2024$2,819 per active participant
2023$2,948 per active participant
2022$2,549 per active participant

Cha Consulting Inc.'s 2024 employer contribution ran below the $3,635 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
GALLAGHER FIDUCIARY ADVISORS LLC · Investment advisory (plan)$160,797
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$141,088
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$30,822

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$332,707 · 0.13%
2023$324,520 · 0.16%
2022$285,208 · 0.15%
Same employer
Similar plansProfessional & Technical Services · New York
Hughes Hubbard & Reed LLP NY$289.1M · 0.04%
The Cannon Corporation NY$273.6M · 0.08%
Pkf O'Connor Davies, LLP NY$272.6M · 0.16%
Etsy, Inc. NY$264.2M · 0.13%
Sotheby's Inc. NY$248.5M · 0.08%
Saab, Inc. NY$247.3M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 160966259 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.