Plan Ledger DOL Form 5500 · updated monthly

The Childsmiles Group, LLC401(k)

CHILDSMILES GROUP 401(K) PROFIT SHARING PLAN · SECAUCUS, NJ · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

The Childsmiles Group, LLC reported $49,606 in plan administrative expenses for 2024: 0.45% of average plan assets, above the peer median. Employer contributions averaged $467 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 0.26% to 0.45%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New Jersey (1,343rd of 2,419), and the 4,896th of 11,911 in health care & social assistance. In 2024, employees put in $4.48 for every $1.00 the employer contributed; active participation has grown from 323 to 986 since 2022.

Plan summary
Net assets, end of year$13,069,542
Participants with balances382
Active participants986
Employer contributions$460,764
Employee contributions$2,066,284
Employer contribution per active participant$467
Average account balance$34,213
Benefits paid to participants$474,744
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.1M · 382 accts · $461K emplr
2023$9.2M · 248 accts · $367K emplr
2022$6.8M · 192 accts · $255K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,606
Total administrative$49,606
The The Childsmiles Group, LLC 401(k) match · 2024
Employer contribution per active participant$467
Median for plans this size$2,416
2024$467 per active participant
2023$502 per active participant
2022$790 per active participant

The Childsmiles Group, LLC's 2024 employer contribution ran below the $2,416 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 · 20241
ADP INC · Loan processing · Recordkeeping$49,606

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADP
2023ADP

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Administrative cost history3
2024$49,606 · 0.45%
2023$14,944 · 0.19%
2022$17,674 · 0.26%
Same employer
Similar plansHealth Care & Social Assistance · New Jersey
Alternatives, Inc. NJ$13.2M · 0.02%
Cfg Health Systems, L.L.C. NJ$13.1M · 0.39%
Kayal Medical Group LLC NJ$12.3M · 0.62%
Accurate Monitoring, LLC NJ$12.3M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 464484591 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.