Plan Ledger DOL Form 5500 · updated monthly

Advanced Medical Management, LLC401(k)

ADVANCED MEDICAL MANAGEMENT 401(K) RETIREMENT PLAN · BALTIMORE, MD · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Advanced Medical Management, LLC reported $46,179 in plan administrative expenses for 2024: 0.53% of average plan assets, above the peer median. Employer contributions averaged $471 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 0.04% to 0.53%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Maryland (1,030th of 1,671), and 5,977th of 11,911 in health care & social assistance. In 2024, employees put in $3.93 for every $1.00 the employer contributed; active participation has grown from 446 to 817 since 2022.

Plan summary
Net assets, end of year$9,206,203
Participants with balances244
Active participants817
Employer contributions$385,108
Employee contributions$1,514,953
Employer contribution per active participant$471
Average account balance$37,730
Benefits paid to participants$1,809,674
Plan auditUnmodified (clean) audit opinion
AuditorBENEFIT AUDIT GROUP LLC
Plan history3
Yearassets · accounts · employer contribution
2024$9.2M · 244 accts · $385K emplr
2023$8.1M · 221 accts · $157K emplr
2022$7.1M · 163 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,179
Total administrative$46,179
The Advanced Medical Management, LLC 401(k) match · 2024
Employer contribution per active participant$471
Median for plans this size$1,313
2024$471 per active participant
2023$297 per active participant

Advanced Medical Management, LLC's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$46,178
S B H U LIFE AGENCY INC · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$46,179 · 0.53%
2023$3,135 · 0.04%
2022$3,424 · 0.04%
Same employer
Similar plansHealth Care & Social Assistance · Maryland
Seec, Inc. MD$9.6M · 0.94%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521829955 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.