Plan Ledger DOL Form 5500 · updated monthly

Anne Arundel County Mental401(k)

ANNE ARUNDEL COUNTY MENTAL HEALTH AGENCY, INC. 403(B) THRIFT PLAN · ANNAPOLIS, MD · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Anne Arundel County Mental reported $3,493 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,969 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.

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 (1,096th of 1,671), and 6,499th of 11,911 in health care & social assistance. In 2024, the employer put in $1.44 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$7,898,855
Participants with balances138
Active participants116
Employer contributions$460,402
Employee contributions$320,039
Employer contribution per active participant$3,969
Average account balance$57,238
Benefits paid to participants$334,119
Plan auditUnmodified (clean) audit opinion
AuditorALTA CPA GROUP,LLC
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,493
Total administrative$3,493
The Anne Arundel County Mental 401(k) match · 2024
Employer contribution per active participant$3,969
Median for plans this size$1,313

Anne Arundel County Mental's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20241
MUTUAL OF AMERICA SEC. CORP LLC · Recordkeeping · Loan processingindirect comp

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

Administrative cost history1
2024$3,493 · 0.05%
Similar plansHealth Care & Social Assistance · Maryland
Cardiac Associates, P.C. MD$8.0M · 0.62%
Everymind, Inc. MD$7.9M · 0.68%
Mnr Industries, LLC MD$7.8M · 0.61%
Roland Park Place MD$7.7M · 0.73%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 521881240 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.