CHG Group, Inc. 401(k) Review & Grade
CHG Group, Inc. Profit Sharing & 401(k) Plan
Chantilly, VAManufacturing858 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$505Employer $ per active participant
$720Employee $ saved per active participant
0.00%Direct admin cost, % of plan assets
$95.6MNet plan assets, end of year
$87,880Average balance per account
Score breakdown
- Employer generosity3.5 / 507th percentile for employer $ per participant
- Low cost24.9 / 25100th percentile for low admin cost vs. same-size plans
- Employee saving0.3 / 152th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score32 / 100 · Grade D
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 7th |
| Lower admin cost | 100th |
| Employee saving | 2th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- CHG Group put in about $505 per active participant, below the typical peer ($2,320). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $432,779 |
| Participant (employee) contributions | $617,382 |
| Other contributions (incl. rollovers in) | $35,244 |
| Administrative expenses paid from the plan | $1,445 |
| Benefits paid out | $3,808,701 |
| Net assets, start / end of year | $96.8M / $95.6M |
| Active participants, start / end of year | 890 / 825 |
| Participants with account balances | 1,088 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Cliftonlarsonallen LLP |
Largest service providers (Schedule C)
| Merrill Lynch, Pierce, Fenner and S | $1,445 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250819153248NAL0001227619001, received 2025-08-19, EIN 51-0349644, plan #001, plan year 2024-11-01 to 2024-12-31. Verify at efast.dol.gov.