401(k) · DOL Form 5500 · 2023

Cherner Properties, LLC 401(k) Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
14
Participants Small participant base
30th
Percentile by assets National rank
$131,478
Avg per participant Near avg balance/head
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Official DOL plan name: Cherner Development Group, Inc. 401(k) Plan · Sponsored by Cherner Properties, LLC · Virginia · Management of Enterprises

$2M in assets, 14 participants

Cherner Properties, LLC's Cherner Development Group, Inc. 401(k) Plan reported $2M in total assets and 14 participants in its 2023 DOL Form 5500 filing, ranking in the 30th 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.

  • #191 in Management of Enterprises (1,137 peers)

Cherner Properties, LLC multi-year trail

Cherner Properties, LLC's plans moved -55.6% in assets from 2022 to 2023; this filing shows Cherner Development Group, Inc. 401(k) Plan at $2M / 14 participants.

#191
in Management of Enterprises (1,137 peers)
-55.6%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Cherner Development Group, Inc. 401(k) Plan among the smaller filed plans by assets

Cherner Development Group, Inc. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$1,840,691 30th percentile higher than 30% of 127,068 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 2023

Cherner Development Group, Inc. 401(k) Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Cherner Development Group, Inc. 401(k) Plan is a small filing (14 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Cherner Development Group, Inc. 401(k) Plan reported net income fell from -$1M in the plan year 2022 filing to -$2M in the plan year 2023 filing.
  • Cherner Development Group, Inc. 401(k) Plan reported participants rose from 7 in the plan year 2022 filing to 14 in the plan year 2023 filing.
  • Cherner Development Group, Inc. 401(k) Plan end-of-year assets fell from $4M in the plan year 2022 filing to $2M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 813236901 · Cherner Properties, LLC PY 2023 · 401(k)

Cherner Development Group, Inc. 401(k) Plan · $2M · 14 · 30th

  • 5500 $2M
  • ASSETS 14
  • PCT 30th
  • EIN 401(k)
  • RANK near Champions 401(k) Plan
  • PHOTO ind #191

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 Management of Enterprises retirement plans → · Plans in Virginia →

Cherner Development Group, Inc. 401(k) Plan in the asset neighbourhood

Cherner Development Group, Inc. 401(k) PlanCherner Development Group, I…$2MChampions 401(k) Plan$2MGioia P Ambrette Inc 401(k) Profit Sharing Plan & TrustGioia P Ambrette Inc 401(k) …$2MMetroehs Pediatric Therapy 401(k) PlanMetroehs Pediatric Therapy 4…$2MBalfour Payroll, LLC 401(k) PlanBalfour Payroll, LLC 401(k) …$2M
End-of-year total assets ($M) among Cherner Development Group, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Cherner Properties, LLC multi-year asset trail

Sponsor-wide plan assets over time

All Cherner Properties, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$2M 55.562865080598975% vs 2022
2023 filing year
$1M$2M$3M$4M$5M 20222023 $4.14M $1.84M ▼ -55.6%
Year Plans Participants Total Assets
2022 1 7 $4M
2023 2 14 $2M

Cherner Properties, LLC filing trail (2023)

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$2M
Net Income-$2M
Employer EIN813236901
Plan Effective Date1993-10-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Virginia

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

Cherner Development Group, Inc. 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Cherner Development Group, Inc. 401(k) Plan, Total assets ($B): 0.001840691 · Participants: 14Cherner Development Group, Inc. 401(k) PlanNorthrop Grumman Savings Plan, Total assets ($B): 36.173098625 · Participants: 97987Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 14.97867624 · Participants: 62467401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 11.167449098 · Participants: 48860General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 10.583898778 · Participants: 27043Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 9.406287325 · Participants: 31681Bae Systems Employees' Savings and Investment Plan
Cherner Development Group, Inc. 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Cherner Development Group, Inc. 401(k) Plan side-by-side with 3 peers →

Cherner Development Group, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Champions 401(k) Plan in TX ($2M); by covered participants it is Gibbs Maintenance, Profit Sharing Plan and Trust in CA (14 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($2M here).

Similar participant headcount

Nearest other-state filings by covered participants (14 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Cherner Development Group, Inc. 401(k) Plan assets move in 2023? ▼
Cherner Development Group, Inc. 401(k) Plan contracted severely - down 55.6% during 2023, from $4M to $2M. Reported net income was -$2M.
How have Cherner Properties, LLC plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), Cherner Properties, LLC's sponsor-wide assets declined 55.6%, from $4M to $2M.
Which 401(k) plans are similar in size to Cherner Development Group, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Champions 401(k) Plan in TX ($2M, 36 participants).
Which 401(k) plans cover a similar participant headcount to Cherner Development Group, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Gibbs Maintenance, Profit Sharing Plan and Trust in CA (14 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 813236901.

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.