Plan Ledger DOL Form 5500 · updated monthly

Ardmore Enterprises, Inc.401(k)

ARDMORE ENTERPRISES, INC. 403(B) PENSION PLAN · LANHAM, MD · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

Ardmore Enterprises, Inc. reported $18,206 in plan administrative expenses for 2024: 0.60% of average plan assets, above the peer median. Employer contributions averaged $1,169 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 rose from 0.08% to 0.60%. 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 (1,390th of 1,671), and 8,851st of 11,911 in health care & social assistance. In 2024, employees put in $1.49 for every $1.00 the employer contributed; active participation has grown from 262 to 313 since 2022.

Plan summary
Net assets, end of year$3,578,740
Participants with balances131
Active participants313
Employer contributions$365,871
Employee contributions$545,371
Employer contribution per active participant$1,169
Average account balance$27,319
Benefits paid to participants$203,077
Plan auditUnmodified (clean) audit opinion
AuditorMULLEN SONDBERG WIMBISH & STONE
Plan history3
Yearassets · accounts · employer contribution
2024$3.6M · 131 accts · $366K emplr
2023$2.5M · 116 accts · $280K emplr
2022$1.7M · 131 accts · $141K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,206
Total administrative$18,206
The Ardmore Enterprises, Inc. 401(k) match · 2024
Employer contribution per active participant$1,169
Median for plans this size$1,313
2024$1,169 per active participant
2023$950 per active participant
2022$537 per active participant

Ardmore Enterprises, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20241
MUTUAL OF AMERICA SEC. CORP LLC · Recordkeeping · Loan processing$16,329

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history3
2024$18,206 · 0.60%
2023$24,740 · 1.18%
2022$1,327 · 0.08%
Same employer
Similar plansHealth Care & Social Assistance · Maryland
Progress Unlimited, Inc. MD$3.7M · 0.75%
Arundel Lodge, Inc. MD$3.7M · 0.13%
Kids After Hours, Inc. MD$3.6M · 0.89%
Mercy Ridge, Inc. MD$3.6M · 1.04%
Magnificus Corporation MD$3.1M · 0.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 520801367 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.