401(k) · DOL Form 5500 · 2023
Choice Financial Group, LLC 401(k) Plan
Data updated 2026-08-25
- $5M
- Total assets Small plan by assets
- 227
- Participants Below avg headcount
- 45th
- Percentile by assets National rank
- $22,314
- Avg per participant Low balance/head
Official DOL plan name: Choice Financial Group, LLC 401(k) Plan · Sponsored by Choice Financial Group, LLC · Virginia · Finance & Insurance
$5M in assets, 227 participants
Choice Financial Group, LLC's Choice Financial Group, LLC 401(k) Plan reported $5M in total assets and 227 participants in its 2023 DOL Form 5500 filing, ranking in the 45th 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.
- #2,807 in Finance & Insurance (8,869 peers)
Coverage in Virginia
Choice Financial Group, LLC 401(k) Plan covers 227 participants in Virginia, about 29% of the average Virginia filer (state average ~782 per filing). Assets: $5M.
- #2,807
- in Finance & Insurance (8,869 peers)
- +45.4%
- 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 2023 · DOL Form 5500
$5,065,248 45th percentile higher than 45% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Choice Financial Group, LLC 401(k) Plan among mid-size filed plans by headcount
Plan-year 2023 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 (227 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Choice Financial Group, LLC 401(k) Plan reported participants rose from 112 in the plan year 2022 filing to 227 in the plan year 2023 filing.
- Choice Financial Group, LLC 401(k) Plan end-of-year assets rose from $3M in the plan year 2022 filing to $5M in the plan year 2023 filing.
- Choice Financial Group, LLC 401(k) Plan reported net income fell from $3M in the plan year 2022 filing to $2M in the plan year 2023 filing.
Form 5500 schedule snapshot
Filing strip 821650902 · Choice Financial Group, LLC PY 2023 · 401(k)
Choice Financial Group, LLC 401(k) Plan · $5M · 227 · 45th
- TYPE $5M
- NET 227
- BOOK 45th
- VS-ST 401(k)
- BOY near C.F. Fick & Sons 401(k) Plan
- SCH ind #2807
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
Virginia filing particulars
| Total Assets (Beginning of Year) | $3M |
|---|---|
| Net Assets (End of Year) | $5M |
| Net Income | $2M |
| Employer EIN | 821650902 |
| Plan Effective Date | 2019-01-01 |
| Filing Status | FILING 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
| 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.
- Northrop Grumman Savings Plan $36.2B · 97,987
- 401(k) Pension Plan $15.0B · 62,467
- General Dynamics Corporation 401(k) Plan 6.0 $11.2B · 48,860
- Leidos, Inc. Retirement Plan $10.6B · 27,043
- Bae Systems Employees' Savings and Investment Plan $9.4B · 31,681
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 C.F. Fick & Sons 401(k) Plan in MI ($5M); by covered participants it is Care Hawaii, Inc. 401(k) Retirement Savings Plan in HI (227 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($5M here).
- C.F. Fick & Sons 401(k) Plan (MI) $5M · 126
- Fridababy 401(k) Plan (FL) $5M · 143
- Cap America, Inc. Retirement Savings Plan (MO) $5M · 289
- Madison Women's Clinic Profit Sharing Plan (ID) $5M · 23
Similar participant headcount
Nearest other-state filings by covered participants (227 participants); asset peers above are excluded.
- Care Hawaii, Inc. 401(k) Retirement Savings Plan (HI) 227 · 0 off
- Meier-Badger 401(k) Retirement Savings Plan (WI) 227 · 0 off
- Arrowhead Dental Laboratories, Inc. 401(k) Retirement Savings Plan (UT) 227 · 0 off
- Bbp Retirement Savings Plan (MI) 227 · 0 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.