Plan Ledger DOL Form 5500 · updated monthly

Ashley, Inc.401(k)

ASHLEY, INC. RETIREMENT PLAN · HAVRE DE GRACE, MD · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Ashley, Inc. reported $63,122 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $3,786 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 0.38% to 0.30%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 599th-largest of 1,671 plans among Maryland employers on file, and the 3,409th of 11,911 in health care & social assistance. In 2024, employees put in $1.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,303,512
Participants with balances377
Active participants259
Employer contributions$980,570
Employee contributions$1,355,776
Employer contribution per active participant$3,786
Average account balance$59,161
Benefits paid to participants$2,565,213
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.3M · 377 accts · $981K emplr
2023$19.9M · 371 accts · $892K emplr
2022$17.7M · 380 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$63,122
Total administrative$63,122
The Ashley, Inc. 401(k) match · 2024
Employer contribution per active participant$3,786
Median for plans this size$2,416
2024$3,786 per active participant
2023$3,567 per active participant
2022$3,859 per active participant

Ashley, Inc.'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 · 20242
ONEAMERICA RETIREMENT SERVICES · Recordkeeping · Loan processing$63,122
MG TRUST COMPANY DBA MATRIX TRUST C · Recordkeeping · Consultingindirect comp

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

Recordkeeper by year2
2024MG TRUST COMPANY DBA MATRIX TRUST C, OneAmerica
2023MG TRUST COMPANY DBA MATRIX TRUST C, OneAmerica

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

Administrative cost history3
2024$63,122 · 0.30%
2023$57,310 · 0.31%
2022$61,276 · 0.38%
Same employer
Similar plansHealth Care & Social Assistance · Maryland
Clinical Associates, P.A. MD$21.4M · 0.16%
Nexion Health, Inc. MD$21.4M · 0.90%
American Kidney Fund, Inc. MD$20.1M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521126145 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.