Plan Snapshot
- Plan Sponsor: Child Development Schools, INC. Dba Childcare Netw
- Sponsor EIN: 630986576
- Sponsor Address: 1300 6TH AVENUE, COLUMBUS, GA, 31901
- Plan Type: 401(k)
- Plan Number: 004
- Total Participants: 5,418
- Total Assets: $11.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 5,418 | $11.0M | $0 | $0 |
| 2024 | 5,687 | $9.4M | $302,921 | $1.7M |
| 2023 | 4,158 | $8.7M | $290,275 | $1.6M |
| 2022 | 3,878 | $7.2M | $242,945 | $1.2M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $82,144 | — | $82,144 |
| REGIONS BANK | Investment Advisor | $24,598 | — | $24,598 |
| FORVIS MAZARS | Auditor | $17,850 | — | $17,850 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $124,592
- Estimated Expense Ratio: 1.137% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2025 | $2,065,569 | $18,012 | — | $17,850 | — |
| 2024 | $121,891 | $22,405 | — | $16,800 | — |
| 2023 | $83,207 | $18,772 | — | — | — |
| 2022 | $24,705 | — | — | — | — |