Plan Ledger DOL Form 5500 · updated monthly

Child Guidance & Family Solutions401(k)

CHILD GUIDANCE & FAMILY SOLUTIONS 401(K) RETIREMENT SAVINGS PLAN · AKRON, OH · plan year 2023

Reported admin expense ratio · 2023
0.12%

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

Child Guidance & Family Solutions reported $10,745 in plan administrative expenses for 2023: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $491 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 0.01% to 0.61%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Ohio (2,034th of 3,295), and 1,702nd of 3,341 in other services. In 2023, employees put in $7.88 for every $1.00 the employer contributed; active participation has shrunk from 151 to 117 since 2022.

Plan summary
Net assets, end of year$9,497,156
Participants with balances203
Active participants117
Employer contributions$57,454
Employee contributions$452,568
Employer contribution per active participant$491
Average account balance$46,784
Benefits paid to participants$615,952
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.0M · 206 accts · $55K emplr
2023$9.5M · 203 accts · $57K emplr
2022$8.2M · 210 accts · $59K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$10,745
Total administrative$10,745
The Child Guidance & Family Solutions 401(k) match · 2023
Employer contribution per active participant$491
Median for plans this size$1,308
2024$472 per active participant
2023$491 per active participant
2022$388 per active participant

Child Guidance & Family Solutions's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
GALLAGHER BENEFIT SERVICES INC. DBA · Investment advisory (plan)$25,365
DEFINITI LLC · Contract administrator$8,580
CAPITAL GROUP RETIREMENT PLAN SERVI$825

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$56,105 · 0.61%
2023$10,745 · 0.12%
2022$907 · 0.01%
Same employer
Similar plansOther Services · Ohio
Coalition on Homelessness OH$10.4M · 0.34%
Cincinnati Nature Center OH$8.9M · 0.08%
Freestore Foodbank Inc. OH$8.9M · 0.99%

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Source: U.S. Department of Labor, Form 5500 series, EIN 340726083 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.