401(k) · DOL Form 5500 · 2022

Credence Management Solutions LLC 401(k) Plan

Data updated 2026-08-25

$51M
Total assets Below avg plan size
1,041
Participants Near avg headcount
88th
Percentile by assets National rank
$48,540
Avg per participant Low balance/head
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Official DOL plan name: Credence Management Solutions 401(k) Profit Sharing Plan · Sponsored by Credence Management Solutions LLC · Virginia · Professional & Technical Services

$51M in assets, 1,041 participants

Credence Management Solutions LLC's Credence Management Solutions 401(k) Profit Sharing Plan reported $51M in total assets and 1,041 participants in its 2022 DOL Form 5500 filing, ranking in the 88th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #19,219 in Professional & Technical Services (21,562 peers)

Where Credence Management Solutions 401(k) Profit Sharing Plan sits by assets

Credence Management Solutions 401(k) Profit Sharing Plan sits in the top quartile of all filed plans by assets, $51M for 1,041 participants (~$48,540/participant), down 6.1% in 2022.

#19,219
in Professional & Technical Services (21,562 peers)
-6.1%
assets change YoY
0.5×
vs typical plan assets (national mean)

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Credence Management Solutions 401(k) Profit Sharing Plan's outsized position by total assets

Credence Management Solutions 401(k) Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$50,530,270 Top 12% higher than 88% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Credence Management Solutions 401(k) Profit Sharing Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Credence Management Solutions 401(k) Profit Sharing Plan lands in the large band (1,041 participants).

Published 5500 schedule card

Filing strip 203679671 · Credence Management Solutions LLC PY 2022 · 401(k)

Credence Management Solutions 401(k) Profit Sharing Plan · $51M · 1,041 · 88th

  • BOOK $51M
  • BOOK 1,041
  • BOOK 88th
  • BOOK 401(k)
  • BOOK near Hammond Lumber Company 401(k) Plan
  • BOOK ind #19219

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Professional & Technical Services retirement plans → · Plans in Virginia →

Credence Management Solutions 401(k) Profit Sharing Plan in the asset neighbourhood

Mclaughlin Employees Profit Sharing PlanMclaughlin Employees Profit …$51MThe Ochin 401(k) Plan$51MHammond Lumber Company 401(k) PlanHammond Lumber Company 401(k…$51MRodgers Builders, Inc. 401(k) Profit Sharing PlanRodgers Builders, Inc. 401(k…$51MCredence Management Solutions 401(k) Profit Sharing PlanCredence Management Solution…$51M
End-of-year total assets ($M) among Credence Management Solutions 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$54M
Net Assets (End of Year)$51M
Net Income-$3M
Employer EIN203679671
Plan Effective Date2016-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Credence Management Solutions LLC)

Sponsor-wide plan assets over time

All Credence Management Solutions LLC plans reported in each filing year

Latest sponsor-wide plan assets
$106M 110.60946438639651% vs 2022
2024 filing year
$40M$60M$80M$100M$120M 202220232024 $50.5M $106M ▲ +110.6%
Year Plans Participants Total Assets
2022 1 1,041 $51M
2023 1 1,101 $68M
2024 2 1,537 $106M

Nearby 401(k) Plans in Virginia

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Credence Management Solutions 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000 -10010203040 Total assets ($B) Participants Credence Management Solutions 401(k) Profit Sharing Plan, Total assets ($B): 0.05053027 · Participants: 1041Credence Management Solutions 401(k) Profit Sharing PlanNorthrop Grumman Savings Plan, Total assets ($B): 32.567331218 · Participants: 92420Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 12.972737361 · Participants: 61481401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 9.624791923 · Participants: 36822General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 8.665678993 · Participants: 26125Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 8.232987243 · Participants: 31556Bae Systems Employees' Savings and Investment Plan
Credence Management Solutions 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Credence Management Solutions 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Hammond Lumber Company 401(k) Plan in ME ($51M); by covered participants it is Concordance Healthcare Solutions 401(k) Retirement Plan in MO (1,041 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($51M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,041 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Credence Management Solutions 401(k) Profit Sharing Plan assets move in 2022?
Credence Management Solutions 401(k) Profit Sharing Plan pulled back noticeably - down 6.1% during 2022, from $54M to $51M. Reported net income was -$3M.
How have Credence Management Solutions LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Credence Management Solutions LLC's sponsor-wide assets grew 110.6%, from $51M to $106M.
Where does Credence Management Solutions 401(k) Profit Sharing Plan rank by assets among Form 5500 filers?
Credence Management Solutions 401(k) Profit Sharing Plan ranks in the 88th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Credence Management Solutions 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Hammond Lumber Company 401(k) Plan in ME ($51M, 725 participants).
Which 401(k) plans cover a similar participant headcount to Credence Management Solutions 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Concordance Healthcare Solutions 401(k) Retirement Plan in MO (1,041 participants, $41M in assets).