Plan Ledger DOL Form 5500 · updated monthly

Authority Brands, Inc.401(k)

AUTHORITY BRANDS, INC. 401(K) PLAN · COLUMBIA, MD · plan year 2024

Reported admin expense ratio · 2024
0.66%

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

Authority Brands, Inc. reported $311,331 in plan administrative expenses for 2024: 0.66% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,916 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 0.77% to 0.66%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 314th-largest of 1,671 plans among Maryland employers on file, and the 296th of 2,534 in administrative & support services. In 2024, employees put in $2.56 for every $1.00 the employer contributed; active participation has grown from 1,251 to 1,416 since 2022.

Plan summary
Net assets, end of year$51,203,143
Participants with balances1,713
Active participants1,416
Employer contributions$2,713,331
Employee contributions$6,948,959
Employer contribution per active participant$1,916
Average account balance$29,891
Benefits paid to participants$8,339,248
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$51.2M · 1,713 accts · $2.7M emplr
2023$43.0M · 1,665 accts · $2.8M emplr
2022$32.7M · 1,281 accts · $4.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$124,387
Investment management$186,944
Total administrative$311,331
The Authority Brands, Inc. 401(k) match · 2024
Employer contribution per active participant$1,916
Median for plans this size$2,416
2024$1,916 per active participant
2023$2,039 per active participant
2022$3,217 per active participant

Authority Brands, Inc.'s 2024 employer contribution ran below 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
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$106,163
EMPOWER ADVISORY GROUP, LLC · Investment management$80,781

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$311,331 · 0.66%
2023$238,828 · 0.63%
2022$254,211 · 0.77%
Same employer
Similar plansAdministrative & Support Services · Maryland
Systolic, Inc. MD$102.2M · 0.19%
Synagro Technologies Inc. MD$76.7M · 0.38%
Xcel Management, Inc. MD$74.1M · 0.66%
Landcare USA, LLC MD$61.2M · 0.59%
Ruppert Landscape LLC MD$47.0M · 0.52%
Aretum, LLC MD$35.0M · 0.34%
Red Coats, Inc. MD$27.5M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 831724245 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.