Plan Ledger DOL Form 5500 · updated monthly

Children's Specialty Group, PLLC401(k)

CHILDREN'S SPECIALTY GROUP, PLLC 401(K) PROFIT SHARING PLAN · NORFOLK, VA · plan year 2024

Employer contribution per participant · 2024
$14,707

Children's Specialty Group, PLLC's 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $222,292,264 across 630 participant accounts, with employer contributions averaging $14,707 per active participant. See methodology for what Form 5500 does and doesn't capture.

Across the 1 year on file its reported administrative ratio rose from 0.006% to 0.007%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 147th-largest of 2,266 plans among Virginia employers on file, and the 599th of 11,911 in health care & social assistance. In 2024, the employer put in $1.24 for every $1.00 employees contributed themselves; active participation has grown from 405 to 499 since 2022.

Plan summary
Net assets, end of year$222,292,264
Participants with balances630
Active participants499
Employer contributions$7,338,883
Employee contributions$5,940,416
Employer contribution per active participant$14,707
Average account balance$352,845
Benefits paid to participants$19,470,781
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$222.3M · 630 accts · $7.3M emplr
2023$197.1M · 540 accts · $6.9M emplr
2022$162.3M · 513 accts · $6.2M emplr
Administrative expenses, itemized · 2024
Investment management$28,632
Total administrative-$8,461
The Children's Specialty Group, PLLC 401(k) match · 2024
Employer contribution per active participant$14,707
Median for plans this size$3,635
2024$14,707 per active participant
2023$16,183 per active participant
2022$15,290 per active participant

Children's Specialty Group, PLLC's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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.

Service providers · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$28,632
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect 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
2024Not separately reported
2023$12,378 · 0.01%
2022$11,340 · 0.01%
Same employer
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Patient First Corporation VA$286.3M · 0.13%
Orthovirginia, Inc. VA$273.9M · 0.07%
Uva Community Health VA$218.7M · 0.15%
Loudon Medical Group, P.C. VA$199.6M · 0.17%
Capital Vision Services, LLC VA$194.2M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541871633 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.