Plan Ledger DOL Form 5500 · updated monthly

Children's National Hospital401(k)

CNMC AFFILIATES' 401(K) RETIREMENT PLAN · WASHINGTON, DC · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Children's National Hospital reported $495,655 in plan administrative expenses for 2024: 0.04% of average plan assets, below the peer median. Employer contributions averaged $3,453 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 0.05% to 0.04%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 11th-largest of 618 plans among District of Columbia employers on file, and the 140th of 11,911 in health care & social assistance. In 2024, employees put in $1.87 for every $1.00 the employer contributed; active participation has grown from 8,417 to 9,286 since 2022.

Plan summary
Net assets, end of year$1,326,253,004
Participants with balances8,538
Active participants9,286
Employer contributions$32,061,958
Employee contributions$60,017,908
Employer contribution per active participant$3,453
Average account balance$155,335
Benefits paid to participants$107,280,206
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.3B · 8,538 accts · $32.1M emplr
2023$1.2B · 8,222 accts · $29.2M emplr
2022$943.4M · 7,938 accts · $27.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$448,151
Total administrative$495,655
The Children's National Hospital 401(k) match · 2024
Employer contribution per active participant$3,453
Median for plans this size$5,259
2024$3,453 per active participant
2023$3,400 per active participant
2022$3,307 per active participant

Children's National Hospital's 2024 employer contribution ran below the $5,259 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 · 20242
FID INV INST OPS CO · Loan processing$450,075
FIDUCIENT ADVISORS LLC · Investment advisory (plan)$47,504

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$495,655 · 0.04%
2023$478,007 · 0.05%
2022$527,740 · 0.05%
Similar plansHealth Care & Social Assistance · District of Columbia
Scripps Health CA$1.3B · 0.11%
The Nemours Foundation FL$1.3B · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521640403 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.