Plan Ledger DOL Form 5500 · updated monthly

Child Development Schools, Inc. dba Childcare Netw401(k)

CHILD DEVELOPMENT SCHOOLS, INC. 401(K) SAVINGS PLAN · COLUMBUS, GA · plan year 2024

Reported admin expense ratio · 2024
1.35%

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

Child Development Schools, Inc. dba Childcare Netw reported $121,891 in plan administrative expenses for 2024: 1.35% of average plan assets, higher than ~90% of peers. Employer contributions averaged $53 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 0.31% to 1.35%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Georgia (1,283rd of 2,160), and the 5,897th of 11,911 in health care & social assistance. In 2024, employees put in $5.46 for every $1.00 the employer contributed; active participation has grown from 3,878 to 5,687 since 2022.

Plan summary
Net assets, end of year$9,412,472
Participants with balances782
Active participants5,687
Employer contributions$302,921
Employee contributions$1,652,752
Employer contribution per active participant$53
Average account balance$12,036
Benefits paid to participants$2,221,310
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.4M · 782 accts · $303K emplr
2023$8.7M · 1,026 accts · $290K emplr
2022$7.2M · 944 accts · $243K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$82,686
Investment management$22,405
Audit (IQPA)$16,800
Total administrative$121,891
The Child Development Schools, Inc. dba Childcare Netw 401(k) match · 2024
Employer contribution per active participant$53
Median for plans this size$1,313
2024$53 per active participant
2023$70 per active participant
2022$63 per active participant

Child Development Schools, Inc. dba Childcare Netw's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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.

Service providers · 20243
REGIONS BANK · Investment advisory (plan)$22,405
FORVIS MAZARS, LLP · Accounting / audit$16,800

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$121,891 · 1.35%
2023$83,207 · 1.05%
2022$24,705 · 0.31%
Same employer
Similar plansHealth Care & Social Assistance · Georgia
Hospice Savannah, Inc. GA$10.2M · 0.02%
Nox Health Group, Inc. GA$9.1M · 0.74%
Triage Holding, Inc. GA$9.0M · 0.72%

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Source: U.S. Department of Labor, Form 5500 series, EIN 630986576 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.