Plan Ledger DOL Form 5500 · updated monthly

Adfinitas Management, LLC401(k)

ADFINITAS HEALTH 401(K) RETIREMENT PLAN · HANOVER, MD · plan year 2024

Reported admin expense ratio · 2024
0.32%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Adfinitas Management, LLC reported $135,673 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $2,184 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.29% to 0.32%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 361st-largest of 1,671 plans among Maryland employers on file, and the 2,066th of 11,911 in health care & social assistance. In 2024, employees put in $4.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$44,167,057
Participants with balances490
Active participants372
Employer contributions$812,293
Employee contributions$3,348,572
Employer contribution per active participant$2,184
Average account balance$90,137
Benefits paid to participants$6,472,174
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$44.2M · 490 accts · $812K emplr
2023$40.4M · 507 accts · $847K emplr
2022$33.2M · 488 accts · $805K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$135,673
Total administrative$135,673
The Adfinitas Management, LLC 401(k) match · 2024
Employer contribution per active participant$2,184
Median for plans this size$2,416
2024$2,184 per active participant
2023$2,012 per active participant
2022$2,218 per active participant

Adfinitas Management, LLC's 2024 employer contribution ran below the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
STRATEGIC WEALTH MANAGMENT · Insurance broker$61,928
ALERUS FINANCIAL$40,495
POLLARD & ASSOCIATES, INC. · Contract administrator$33,251

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$135,673 · 0.32%
2023$116,216 · 0.32%
2022$102,516 · 0.29%
Same employer
Similar plansHealth Care & Social Assistance · Maryland
Service Coordination, Inc. MD$46.7M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 452540636 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.