Plan Ledger DOL Form 5500 · updated monthly

Chg Group, Inc.401(k)

CHG GROUP, INC. PROFIT SHARING & 401(K) PLAN · CHANTILLY, VA · plan year 2023

Reported admin expense ratio · 2023
0.05%

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

Chg Group, Inc. reported $49,321 in plan administrative expenses for 2023: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,167 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 0.02% to 0.00%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other manufacturing employers. By assets it is the 294th-largest of 2,266 plans among Virginia employers on file, and the 1,960th of 13,661 in manufacturing. In 2023, employees put in $1.40 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$96,848,467
Participants with balances1,082
Active participants890
Employer contributions$2,818,260
Employee contributions$3,939,916
Employer contribution per active participant$3,167
Average account balance$89,509
Benefits paid to participants$18,380,393
Plan history3
Yearassets · accounts · employer contribution
2024$95.6M · 1,088 accts · $433K emplr
2023$96.8M · 1,082 accts · $2.8M emplr
2022$85.0M · 1,117 accts · $2.9M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$49,321
Total administrative$49,321
The Chg Group, Inc. 401(k) match · 2023
Employer contribution per active participant$3,167
Median for plans this size$3,659
2024$525 per active participant
2023$3,167 per active participant
2022$3,263 per active participant

Chg Group, Inc.'s 2023 employer contribution ran below the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
MERRILL LYNCH PIERCE FENNER & SMITH · Recordkeeping$49,321

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

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Administrative cost history3
2024$1,445 · 0.00%
2023$49,321 · 0.05%
2022$13,089 · 0.02%
Same employer
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Vsc Fire & Security, Inc. VA$107.8M · 0.34%
Valley Proteins, LLC VA$101.4M · 0.22%
Fn America LLC VA$100.4M · 0.19%
Global Tellink Corporation VA$95.4M · 0.27%
Strongwell Corporation VA$86.7M · 0.10%
Trident Maritime Systems VA$86.2M · 0.16%
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Source: U.S. Department of Labor, Form 5500 series, EIN 510349644 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.