Plan Ledger DOL Form 5500 · updated monthly

Apex Physics Partners, LLC401(k)

APEX PHYSICS PARTNERS, LLC 401(K) PROFIT SHARING PLAN & TRUST · TOWSON, 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

Apex Physics Partners, LLC reported $75,302 in plan administrative expenses for 2024: 0.53% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,487 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 0.63% to 0.53%. 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 the 761st-largest of 1,671 plans among Maryland employers on file, and 6,332nd of 11,654 in professional & technical services. In 2024, employees put in $2.96 for every $1.00 the employer contributed; active participation has grown from 168 to 208 since 2022.

Plan summary
Net assets, end of year$16,062,627
Participants with balances254
Active participants208
Employer contributions$725,286
Employee contributions$2,149,994
Employer contribution per active participant$3,487
Average account balance$63,239
Benefits paid to participants$1,671,834
Plan auditUnmodified (clean) audit opinion
AuditorCITRIN COOPERMAN & COMPANY , LLP
Plan history3
Yearassets · accounts · employer contribution
2024$16.1M · 254 accts · $725K emplr
2023$12.5M · 190 accts · $625K emplr
2022$8.9M · 179 accts · $752K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,996
Investment management$39,345
Total administrative$75,302
The Apex Physics Partners, LLC 401(k) match · 2024
Employer contribution per active participant$3,487
Median for plans this size$2,416
2024$3,487 per active participant
2023$3,906 per active participant
2022$4,475 per active participant

Apex Physics Partners, LLC'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 · 20243
JOHN HANCOCK USA · Recordkeeping$2,096
GREENSPRING ADVISORS · Investment advisory (participants)$10,430
WILSHIRE ASSOCIATES INC · Investment advisory (participants)$839

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$75,302 · 0.53%
2023$72,902 · 0.68%
2022$51,331 · 0.63%
Same employer
Similar plansProfessional & Technical Services · Maryland
Sixgen, Inc. MD$16.4M · 0.40%
The August Jackson Company MD$16.3M · 0.26%
Ctis Inc. MD$16.1M · 0.00%
Earth Networks, Inc. MD$16.1M · 0.33%
Hendall Inc. MD$15.8M · 0.00%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 834248953 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.