Plan Ledger DOL Form 5500 · updated monthly

Champion Title & Settlements, Inc.401(k)

CHAMPION TITLE & SETTLEMENTS, INC. 401(K) PLAN · STERLING, VA · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Champion Title & Settlements, Inc. reported $46,548 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $1,921 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 0.40% to 0.36%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Virginia (1,284th of 2,266), and 3,678th of 4,798 in finance & insurance. In 2024, employees put in $2.13 for every $1.00 the employer contributed; active participation has shrunk from 157 to 134 since 2022.

Plan summary
Net assets, end of year$13,075,922
Participants with balances165
Active participants134
Employer contributions$257,456
Employee contributions$547,823
Employer contribution per active participant$1,921
Average account balance$79,248
Benefits paid to participants$1,967,726
Plan auditUnmodified (clean) audit opinion
AuditorDELEON AND STANG
Plan history3
Yearassets · accounts · employer contribution
2024$13.1M · 165 accts · $257K emplr
2023$12.7M · 167 accts · $316K emplr
2022$10.9M · 204 accts · $496K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,994
Investment management$30,554
Total administrative$46,548
The Champion Title & Settlements, Inc. 401(k) match · 2024
Employer contribution per active participant$1,921
Median for plans this size$2,416
2024$1,921 per active participant
2023$2,413 per active participant
2022$3,159 per active participant

Champion Title & Settlements, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20242
R F LAFFERTY & CO INC · Investment advisory (plan)$30,554
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$15,994

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$46,548 · 0.36%
2023$43,980 · 0.37%
2022$46,606 · 0.40%
Similar plansFinance & Insurance · Virginia
John Marshall Bank VA$14.7M · 0.33%
Hamilton U.S. Services LLC VA$13.7M · 0.13%
Fvcbank VA$13.3M · 0.46%
West Creek Financial, Inc. VA$12.6M · 0.05%
Farmers & Merchants Bank VA$12.6M · 0.66%
First National Bank VA$12.5M · 0.79%
Trupoint Bank VA$11.4M · 0.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541662812 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.