401(k) · DOL Form 5500 · 2023

Credence Management Solutions LLC 401(k) Plan

Data updated 2026-08-25

$68M
Total assets Below avg plan size
1,101
Participants Near avg headcount
88th
Percentile by assets National rank
$61,318
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

$68M in assets, 1,101 participants

Credence Management Solutions LLC's Credence Management Solutions 401(k) Profit Sharing Plan reported $68M in total assets and 1,101 participants in its 2023 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.

  • #18,199 in Professional & Technical Services (20,321 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, $68M for 1,101 participants (~$61,318/participant), up 33.6% in 2023.

#18,199
in Professional & Technical Services (20,321 peers)
+33.6%
assets growth YoY
0.7×
vs typical plan assets (national mean)

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 2023 · DOL Form 5500

$67,510,702 Top 12% higher than 88% 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

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

Plan-year 2023 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 (1,101 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Credence Management Solutions 401(k) Profit Sharing Plan reported net income rose from -$3M in the plan year 2022 filing to $17M in the plan year 2023 filing.
  • Credence Management Solutions 401(k) Profit Sharing Plan end-of-year assets rose from $51M in the plan year 2022 filing to $68M in the plan year 2023 filing.
  • Credence Management Solutions 401(k) Profit Sharing Plan reported participants rose from 1,041 in the plan year 2022 filing to 1,101 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 203679671 · Credence Management Solutions LLC PY 2023 · 401(k)

Credence Management Solutions 401(k) Profit Sharing Plan · $68M · 1,101 · 88th

  • EBSA $68M
  • PART 1,101
  • TYPE 88th
  • NET 401(k)
  • BOOK near Erickson Incorporated 401(k) Profit Sharing Plan
  • VS-ST ind #18199

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

Toyota Research Institute 401(k) PlanToyota Research Institute 40…$68MCredence Management Solutions 401(k) Profit Sharing PlanCredence Management Solution…$68MErickson Incorporated 401(k) Profit Sharing PlanErickson Incorporated 401(k)…$68MRed Spot Paint & Varnish Company, Inc. Employees' 401(k) Savings PlanRed Spot Paint & Varnish Com…$68MTfo Advantage Pooled Employer PlanTfo Advantage Pooled Employe…$68M
End-of-year total assets ($M) among Credence Management Solutions 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$51M
Net Assets (End of Year)$68M
Net Income$17M
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. -50000050000100000150000 -10010203040 Total assets ($B) Participants Credence Management Solutions 401(k) Profit Sharing Plan, Total assets ($B): 0.067510702 · Participants: 1101Credence Management Solutions 401(k) Profit Sharing 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
Credence Management Solutions 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Credence Management Solutions 401(k) Profit Sharing Plan side-by-side with 3 peers →

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 Erickson Incorporated 401(k) Profit Sharing Plan in OR ($68M); by covered participants it is Great Plains Health 401(k) Retirement Plan in NE (1,101 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,101 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 Credence Management Solutions 401(k) Profit Sharing Plan assets move in 2023? ▼
Credence Management Solutions 401(k) Profit Sharing Plan surged - up 33.6% during 2023, from $51M to $68M. Reported net income was $17M.
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 127,072 plans that reported assets for plan year 2023 (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 Erickson Incorporated 401(k) Profit Sharing Plan in OR ($68M, 525 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 Great Plains Health 401(k) Retirement Plan in NE (1,101 participants, $145M 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 203679671.

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.