401k Record

Employers › Childcare Network

Childcare Network 401(k)

Recordkeeping fees per participant · Child Development Schools, Inc. 401(k) Savings Plan · plan year 2024

$105.74

Higher than 64% of the 7,477 plans $1 to 10M that report it.

Source

= $82,686 / 782
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250610071650NAL0012914675001, received 2025-06-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250610071650NAL0012914675001, received 2025-06-10

10th: $11.10median $71.5290th: $209.21

Percentiles compare this plan with the Schedule H plans $1 to 10M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-06-10.

Cost and contributions

Administrative expenses excluding investment management, per participant

$127.22

10th: $13.66median $103.3390th: $302.77

Higher than 59% of the 14,713 plans $1 to 10M that report it.

Source

= $99,486 / 782
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250610071650NAL0012914675001, received 2025-06-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250610071650NAL0012914675001, received 2025-06-10

Administrative expenses per participant

$155.87

10th: $19.42median $150.2790th: $370.75

Higher than 51% of the 15,210 plans $1 to 10M that report it.

Source

= $121,891 / 782
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250610071650NAL0012914675001, received 2025-06-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250610071650NAL0012914675001, received 2025-06-10

Administrative expenses as a share of assets

1.295%

10th: 0.069%median 0.519%90th: 1.146%

Higher than 93% of the 15,243 plans $1 to 10M that report it.

Source

= $121,891 / $9,412,472
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250610071650NAL0012914675001, received 2025-06-10
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250610071650NAL0012914675001, received 2025-06-10

Employer contributions per participant

$387

10th: $357median $1,32390th: $2,861

Higher than 11% of the 13,342 plans $1 to 10M that report it.

Source

= $302,921 / 782
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250610071650NAL0012914675001, received 2025-06-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250610071650NAL0012914675001, received 2025-06-10

Employer share of total contributions

15.4%

10th: 11.9%median 28.9%90th: 43.6%

Higher than 16% of the 13,370 plans $1 to 10M that report it.

Source

= $302,921 / $1,964,676
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250610071650NAL0012914675001, received 2025-06-10
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250610071650NAL0012914675001, received 2025-06-10

Plan terms, as stated in Childcare Network Inc's SEC filings

Plan terms are not published in public filings.

Plan features

2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 3D IRS pre-approved plan · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250610071650NAL0012914675001, received 2025-06-10

Full record, Child Development Schools, Inc. 401(k) Savings Plan

FieldValueSource
Plan sponsorCHILD DEVELOPMENT SCHOOLS, INC. DBA CHILDCARE NETWForm 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250610071650NAL0012914675001, received 2025-06-10
Plan nameCHILD DEVELOPMENT SCHOOLS, INC. 401(K) SAVINGS PLANForm 5500, line 1a; PLAN_NAME pos 16; filing 20250610071650NAL0012914675001, received 2025-06-10
Sponsor EIN / plan number63-0986576 / 004Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250610071650NAL0012914675001, received 2025-06-10
Plan typesingle-employerForm 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250610071650NAL0012914675001, received 2025-06-10
Sponsor locationCOLUMBUS, GAForm 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250610071650NAL0012914675001, received 2025-06-10
Industry (business code)624410, Health care and social assistanceForm 5500, line 2d; BUSINESS_CODE pos 46; filing 20250610071650NAL0012914675001, received 2025-06-10
Plan year2024-01-01 to 2024-12-31Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250610071650NAL0012914675001, received 2025-06-10
Filing received2025-06-10Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250610071650NAL0012914675001, received 2025-06-10
Final filingnoForm 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250610071650NAL0012914675001, received 2025-06-10
Amended filingnoForm 5500, Part I line B; AMENDED_IND pos 7; filing 20250610071650NAL0012914675001, received 2025-06-10
Participants, beginning of year4,602Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250610071650NAL0012914675001, received 2025-06-10
Active participants5,687Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250610071650NAL0012914675001, received 2025-06-10
Participants, end of year5,845Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250610071650NAL0012914675001, received 2025-06-10
Participants with an account balance782Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250610071650NAL0012914675001, received 2025-06-10
Total assets, beginning of year$8,684,373Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250610071650NAL0012914675001, received 2025-06-10
Total assets, end of year$9,412,472Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250610071650NAL0012914675001, received 2025-06-10
Net assets, end of year$9,412,472Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250610071650NAL0012914675001, received 2025-06-10
Total income$3,099,906Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250610071650NAL0012914675001, received 2025-06-10
Net income$728,099Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250610071650NAL0012914675001, received 2025-06-10
Employer contributions$302,921Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250610071650NAL0012914675001, received 2025-06-10
Participant contributions$1,652,752Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250610071650NAL0012914675001, received 2025-06-10
Other contributions (incl. rollovers)$9,003Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250610071650NAL0012914675001, received 2025-06-10
Total contributions$1,964,676Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250610071650NAL0012914675001, received 2025-06-10
Benefit payments$2,221,310Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250610071650NAL0012914675001, received 2025-06-10
Total expenses (incl. benefit payments)$2,371,807Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250610071650NAL0012914675001, received 2025-06-10
Total administrative expenses$121,891Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250610071650NAL0012914675001, received 2025-06-10
Contract administrator fees$0Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250610071650NAL0012914675001, received 2025-06-10
Recordkeeping fees$82,686Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250610071650NAL0012914675001, received 2025-06-10
IQPA audit fees$16,800Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250610071650NAL0012914675001, received 2025-06-10
Investment advisory and management fees$22,405Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250610071650NAL0012914675001, received 2025-06-10
Administrative expenses excluding investment management$99,486derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250610071650NAL0012914675001, received 2025-06-10
Held in master trusts$0Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250610071650NAL0012914675001, received 2025-06-10
Held in common/collective trusts$0Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250610071650NAL0012914675001, received 2025-06-10
Held in mutual funds$9,156,137Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250610071650NAL0012914675001, received 2025-06-10
Independent auditorFORVIS MAZARS, LLPSchedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250610071650NAL0012914675001, received 2025-06-10

Position = column in the DOL layout for form year 2024. Filing 20250610071650NAL0012914675001, received 2025-06-10.

Service providers paid directly by the plan

ProviderRelationshipService codesDirect compensationIndirect
FIDELITY INVESTMENTS INSTITUTIONALrecordkeeperRECORDKEEPER 60 Sub-transfer agency fees; 64 Recordkeeping fees; 65 Account maintenance fees $82,686yes
REGIONS BANKADVISOR 27 Investment advisory (plan) $22,405no
FORVIS MAZARS, LLPACCOUNTANT/AUDITOR 10 Accounting (including auditing) $16,800no

Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250610071650NAL0012914675001, received 2025-06-10.

What changed since the 2023 plan year

Figure20232024Change
Total assets$8,684,373$9,412,4728.4%
Participants with a balance1,026782-23.8%
Administrative expenses$83,207$121,89146.5%
Recordkeeping fees per participant$60.24$105.7475.5%
Employer contributions$290,275$302,9214.4%

Prior filing 20240621084550NAL0004892946001, received 2024-06-21; the plan years are contiguous.

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Sponsor name as filed: CHILD DEVELOPMENT SCHOOLS, INC. DBA CHILDCARE NETW; SEC registrant: CHILDCARE NETWORK INC (CIK 1063362, matched by EIN).