Plan Ledger DOL Form 5500 · updated monthly

Children's Home Network401(k)

CHILDREN'S HOME NETWORK 401(K) PLAN · TAMPA, FL · plan year 2024

Reported admin expense ratio · 2024
0.71%

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

Children's Home Network reported $24,656 in plan administrative expenses for 2024: 0.71% of average plan assets, above the peer median. Employer contributions averaged $693 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 3 years on file its reported administrative ratio has held roughly steady near 0.71%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Florida (2,743rd of 3,644), and 2,515th of 3,341 in other services. In 2024, employees put in $2.15 for every $1.00 the employer contributed; active participation has shrunk from 273 to 211 since 2022.

Plan summary
Net assets, end of year$3,727,113
Participants with balances129
Active participants211
Employer contributions$146,163
Employee contributions$314,524
Employer contribution per active participant$693
Average account balance$28,892
Benefits paid to participants$332,650
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.7M · 129 accts · $146K emplr
2023$3.2M · 122 accts · $110K emplr
2022$2.6M · 117 accts · $98K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,656
Total administrative$24,656
The Children's Home Network 401(k) match · 2024
Employer contribution per active participant$693
Median for plans this size$1,313
2024$693 per active participant
2023$400 per active participant
2022$358 per active participant

Children's Home Network's 2024 employer contribution ran below the $1,313 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$24,656
PSI ADVISORS LLC · Investment advisory (plan)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$24,656 · 0.71%
2023$21,206 · 0.73%
2022$17,520 · 0.69%
Same employer
Similar plansOther Services · Florida
Right Way Plumbing Co. FL$4.5M · 0.66%
Parc, Inc. FL$4.3M · 0.03%
Tsp Institute, Inc. FL$3.5M · 2.06%
A.R.M. 401(K) Plan FL$3.2M · 1.08%
John Paul USA FL$3.1M · 0.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 590696284 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.