Plan Ledger DOL Form 5500 · updated monthly

Amatus Health401(k)

AMATUS HEALTH 401(K) PLAN · OWINGS MILLS, MD · plan year 2024

Reported admin expense ratio · 2024
2.52%

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

Amatus Health reported $55,992 in plan administrative expenses for 2024: 2.52% of average plan assets, higher than ~90% of peers. Employer contributions averaged $416 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 3 years on file its reported administrative ratio has held roughly steady near 2.52%. 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 (1,501st of 1,671), and 9,785th of 11,911 in health care & social assistance. In 2024, employees put in $2.18 for every $1.00 the employer contributed; active participation has grown from 295 to 350 since 2022.

Plan summary
Net assets, end of year$2,317,895
Participants with balances215
Active participants350
Employer contributions$145,601
Employee contributions$317,836
Employer contribution per active participant$416
Average account balance$10,781
Benefits paid to participants$517,314
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$2.3M · 215 accts · $146K emplr
2023$2.1M · 206 accts · $222K emplr
2022$1.6M · 239 accts · $241K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$55,992
Total administrative$55,992
The Amatus Health 401(k) match · 2024
Employer contribution per active participant$416
Median for plans this size$1,313
2024$416 per active participant
2023$609 per active participant
2022$816 per active participant

Amatus Health'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 · 20244
NATIONWIDE · Recordkeeping$34,395
NATIONWIDE · Recordkeeping$3,492
BOOSTER, LLC · Investment management$12,130
PROACCOUNT · Investment management$5,977

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

Recordkeeper by year2
2024Nationwide
2023Nationwide

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$55,992 · 2.52%
2023$46,975 · 2.54%
2022$37,156 · 2.56%
Same employer
Similar plansHealth Care & Social Assistance · Maryland
Creative Options, Inc. MD$2.5M · 1.25%
Theranostix, Inc. MD$2.4M · 0.75%
Oxford House Inc MD$2.2M · 0.33%
Spring Dell Center, Inc. MD$2.2M · 0.06%
Alliance, Inc. MD$2.2M · 1.73%

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Source: U.S. Department of Labor, Form 5500 series, EIN 823240443 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.