401(k)
2024 plan-year 401(k) DOL Form 5500

Chg Group, Inc. Profit Sharing & 401(k) Plan

ERISA Form 5500 plan record drawn from DOL EBSA โ€” verify with linked source filings below.

Sponsored by Chg Group, Inc. ยท Virginia ยท Manufacturing

What the 2023 filing shows

Chg Group, Inc. Profit Sharing & 401(k) Plan holds $96M for 890 participants - about $107,431 per participant, down 1.3% over the 2024 plan year.

$96M
total plan assets (2024 EOY)
890
covered participants
$107,431
avg assets per participant
-1.3%
assets change YoY

The plan reported a net loss of $1M for the year โ€” a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$96M
Participants
890
State
Industry
Manufacturing

What the Filing Says About Chg Group, Inc. Profit Sharing & 401(k) Plan

Chg Group, Inc. Profit Sharing & 401(k) Plan is a 401(k) retirement plan sponsored by Chg Group, Inc., headquartered in Virginia. As of the 2024 Form 5500 filing, the plan reports $96M in total end-of-year assets and covers 890 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 510349644, and the plan has been effective since 2008-04-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $97M at the beginning of 2024 to $96M at year-end โ€” a decline of 1.3%. Net assets (after liabilities) closed the year at $96M, with reported net income of $-1,234,515 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows โ€” a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$97M
Total Assets (End of Year)$96M
Net Assets (End of Year)$96M
Net Income$-1,234,515
Plan Type401(k)
Employer EIN510349644
Plan Effective Date2008-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Chg Group, Inc.)

Year Plans Participants Total Assets
2022 1 871 $85M
2023 1 880 $97M
2024 1 890 $96M

Nearby 401(k) Plans in Virginia

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Frequently Asked Questions

How much money is in the Chg Group, Inc. Profit Sharing & 401(k) Plan?
As of the 2024 Form 5500 filing, Chg Group, Inc. Profit Sharing & 401(k) Plan holds $96M in total assets with 890 participants. It is sponsored by Chg Group, Inc..
What type of plan is Chg Group, Inc. Profit Sharing & 401(k) Plan?
Chg Group, Inc. Profit Sharing & 401(k) Plan is a 401(k) plan. It has been effective since 2008-04-01. The plan is filed with the U.S. Department of Labor under EIN 510349644.
Who sponsors the Chg Group, Inc. Profit Sharing & 401(k) Plan?
Chg Group, Inc. Profit Sharing & 401(k) Plan is sponsored by Chg Group, Inc., located in Virginia. The sponsor's EIN is 510349644 and the plan operates in the Manufacturing industry.
How did Chg Group, Inc. Profit Sharing & 401(k) Plan perform in 2024?
Chg Group, Inc. Profit Sharing & 401(k) Plan declined by 1.3% during 2024, moving from $97M to $96M in total assets. Net income was $-1,234,515.
Where can I find official filings for Chg Group, Inc. Profit Sharing & 401(k) Plan?
Official Form 5500 filings for Chg Group, Inc. Profit Sharing & 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 510349644 or plan name at efast.dol.gov.
How does Chg Group, Inc. Profit Sharing & 401(k) Plan compare to other plans?
You can compare Chg Group, Inc. Profit Sharing & 401(k) Plan against other 401(k) plans on the plan type page, or view plans in Virginia on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) โ€” original filing retrieval by EIN 510349644.

Reference: IRS Publication 560 โ€” Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B โ€” Distributions from IRAs, RMD rules under SECURE Act 2.0.

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