Plan Ledger DOL Form 5500 · updated monthly

Apwu - Health Plan401(k)

APWU - HP BARGAINING UNIT DEFINED CONTRIBUTION PLAN · ELKRIDGE, MD · plan year 2024

Reported admin expense ratio · 2024
0.63%

Apwu - Health Plan reported $82,017 in plan administrative expenses for 2024: 0.63% of average plan assets, higher than ~75% of peers. 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 0.15% to 0.63%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Maryland (840th of 1,671), and 3,642nd of 4,798 in finance & insurance.

Plan summary
Net assets, end of year$13,492,125
Participants with balances134
Active participants139
Employer contributions—
Employee contributions$783,309
Employer contribution per active participant—
Average account balance$100,688
Benefits paid to participants$859,449
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.5M · 134 accts
2023$12.4M · 138 accts
2022$10.3M · 142 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,757
Total administrative$82,017
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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$5,757
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)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$82,017 · 0.63%
2023$11,100 · 0.10%
2022$16,680 · 0.15%
Same employer
Similar plansFinance & Insurance · Maryland
Industrial Bank MD$16.3M · 0.45%
Ascend One Corporation MD$13.1M · 0.33%
Hebron Savings Bank MD$11.5M · 0.52%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 520940594 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.