Plan Ledger DOL Form 5500 · updated monthly

Allen & Shariff Corporation401(k)

ALLEN & SHARIFF CORPORATION PROFIT SHARING PLAN · COLUMBIA, MD · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Allen & Shariff Corporation reported $29,237 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $3,270 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 fell from 0.27% to 0.24%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Maryland (841st of 1,671), and 6,967th of 11,654 in professional & technical services. In 2024, employees put in $2.51 for every $1.00 the employer contributed; active participation has grown from 72 to 86 since 2022.

Plan summary
Net assets, end of year$13,467,030
Participants with balances144
Active participants86
Employer contributions$281,237
Employee contributions$706,709
Employer contribution per active participant$3,270
Average account balance$93,521
Benefits paid to participants$566,812
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.5M · 144 accts · $281K emplr
2023$11.3M · 119 accts · $284K emplr
2022$9.8M · 124 accts · $117K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,750
Investment management$23,487
Total administrative$29,237
The Allen & Shariff Corporation 401(k) match · 2024
Employer contribution per active participant$3,270
Median for plans this size$2,416
2024$3,270 per active participant
2023$4,057 per active participant
2022$1,632 per active participant

Allen & Shariff Corporation's 2024 employer contribution ran above 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 · 20242
PRIVATE ADVISOR GROUP LLC · Investment advisory (plan)$23,487
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$5,750

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$29,237 · 0.24%
2023$26,635 · 0.25%
2022$29,510 · 0.27%
Similar plansProfessional & Technical Services · Maryland
Planet Depos, LLC MD$13.8M · 0.47%
Index Analytics LLC MD$13.8M · 0.01%
August Schell Enterprises MD$13.3M · 0.53%
Quotientsub, LLC MD$13.1M · 0.48%
Paradyme Management, Inc. MD$13.1M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521806514 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.