401(k) · DOL Form 5500 · 2022

Choice Financial Group, LLC 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
112
Participants Small participant base
43rd
Percentile by assets National rank
$31,106
Avg per participant Low balance/head
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Official DOL plan name: Choice Financial Group, LLC 401(k) Plan · Sponsored by Choice Financial Group, LLC · Virginia · Finance & Insurance

$3M in assets, 112 participants

Choice Financial Group, LLC's Choice Financial Group, LLC 401(k) Plan reported $3M in total assets and 112 participants in its 2022 DOL Form 5500 filing, ranking in the 43rd 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.

  • #2,729 in Finance & Insurance (9,261 peers)

Coverage in Virginia

Choice Financial Group, LLC 401(k) Plan covers 112 participants in Virginia, about 14% of the average Virginia filer (state average ~782 per filing). Assets: $3M.

#2,729
in Finance & Insurance (9,261 peers)
+402.8%
assets growth YoY

Choice Financial Group, LLC 401(k) Plan's mid-pack asset rank among Finance & Insurance and all filers

Choice Financial Group, LLC 401(k) Plan vs every filed plan by assets

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

$3,483,819 43rd percentile higher than 43% 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

Choice Financial Group, LLC 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Choice Financial Group, LLC 401(k) Plan sits mid-pack in the medium band (112 participants).

Plan-year Form 5500 strip

Filing strip 821650902 · Choice Financial Group, LLC PY 2022 · 401(k)

Choice Financial Group, LLC 401(k) Plan · $3M · 112 · 43rd

  • NET $3M
  • BOOK 112
  • VS-ST 43rd
  • BOY 401(k)
  • SCH near Fitzpatrick's, Inc. 401(k) Plan
  • EBSA ind #2729

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 Finance & Insurance retirement plans → · Plans in Virginia →

Choice Financial Group, LLC 401(k) Plan in the asset neighbourhood

Choice Financial Group, LLC 401(k) PlanChoice Financial Group, LLC …$3MFitzpatrick's, Inc. 401(k) PlanFitzpatrick's, Inc. 401(k) P…$3MServefed, Inc. 401(k) Plan$3MGeweke Real Estate 401(k) PlanGeweke Real Estate 401(k) Pl…$3MPrivate Client Resources, LLC 401(k) Retirement PlanPrivate Client Resources, LL…$3M
End-of-year total assets ($M) among Choice Financial Group, LLC 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Virginia filing particulars

Total Assets (Beginning of Year)$693K
Net Assets (End of Year)$3M
Net Income$3M
Employer EIN821650902
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Choice Financial Group, LLC)

Sponsor-wide plan assets over time

All Choice Financial Group, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$7M 97.17209763193783% vs 2022
2024 filing year
$2M$4M$6M$8M 202220232024 $3.48M $6.87M ▲ +97.4%
Year Plans Participants Total Assets
2022 1 112 $3M
2023 1 227 $5M
2024 1 227 $7M

Nearby 401(k) Plans in Virginia

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

Choice Financial Group, LLC 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000 -10010203040 Total assets ($B) Participants Choice Financial Group, LLC 401(k) Plan, Total assets ($B): 0.003483819 · Participants: 112Choice Financial Group, LLC 401(k) 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
Choice Financial Group, LLC 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Choice Financial Group, LLC 401(k) Plan side-by-side with 3 peers →

Choice Financial Group, LLC 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Fitzpatrick's, Inc. 401(k) Plan in CT ($3M); by covered participants it is Colorado Bluesky Enterprises Custom 401(k) Plan and Trust in CO (112 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($3M here).

Similar participant headcount

Nearest other-state filings by covered participants (112 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 Choice Financial Group, LLC 401(k) Plan assets move in 2022? ▼
Choice Financial Group, LLC 401(k) Plan surged - up 402.8% during 2022, from $693K to $3M. Reported net income was $3M.
How have Choice Financial Group, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Choice Financial Group, LLC's sponsor-wide assets grew 97.2%, from $3M to $7M.
Which 401(k) plans are similar in size to Choice Financial Group, LLC 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Fitzpatrick's, Inc. 401(k) Plan in CT ($3M, 19 participants).
Which 401(k) plans cover a similar participant headcount to Choice Financial Group, LLC 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Colorado Bluesky Enterprises Custom 401(k) Plan and Trust in CO (112 participants, $1M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 821650902.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.