Plan Ledger DOL Form 5500 · updated monthly

Cheiron, Inc401(k)

CHEIRON, INC. RETIREMENT SAVINGS PLAN · MCLEAN, VA · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Cheiron, Inc reported $1,150 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $19,706 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 0.000% to 0.002%. 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 383rd-largest of 2,266 plans among Virginia employers on file, and the 2,093rd of 11,654 in professional & technical services. In 2024, the employer put in $1.23 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$68,616,572
Participants with balances143
Active participants115
Employer contributions$2,266,198
Employee contributions$1,841,394
Employer contribution per active participant$19,706
Average account balance$479,836
Benefits paid to participants$2,974,047
Plan auditUnmodified (clean) audit opinion
AuditorMAGONE & COMPANY, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$68.6M · 143 accts · $2.3M emplr
2023$59.3M · 140 accts · $2.1M emplr
2022$49.5M · 134 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,150
Total administrative$1,150
The Cheiron, Inc 401(k) match · 2024
Employer contribution per active participant$19,706
Median for plans this size$3,635
2024$19,706 per active participant
2023$19,678 per active participant
2022$13,894 per active participant

Cheiron, Inc's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top quarter of its peers. 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.

Administrative cost history3
2024$1,150 · 0.00%
2023$450 · 0.00%
2022$239 · 0.00%
Similar plansProfessional & Technical Services · Virginia
Unison Software, Inc. VA$72.9M · 0.17%
Group W Inc. VA$71.8M · 0.06%
Northstrat, Inc. VA$71.6M · 0.36%
Pragmatics, Inc VA$66.6M · 0.01%
Pbmares LLP VA$65.8M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 134215617 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.