Plan Ledger DOL Form 5500 · updated monthly

Bayshore Mortgage Funding LLC401(k)

BAYSHORE MORTGAGE FUNDING LLC 401K PROFIT SHARING PLAN AND TRU · EDGEWOOD, MD · plan year 2022

Reported admin expense ratio · 2022
0.12%

Bayshore Mortgage Funding LLC reported $2,291 in plan administrative expenses for 2022: 0.12% of average plan assets, lower 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Maryland (1,533rd of 1,671), and 4,665th of 4,798 in finance & insurance.

Plan summary
Net assets, end of year$1,905,598
Participants with balances59
Active participants117
Employer contributions—
Employee contributions$490,821
Employer contribution per active participant—
Average account balance$32,298
Benefits paid to participants$200,474
Plan auditUnmodified (clean) audit opinion
AuditorWILLIAMS OVERMAN PIERCE LLP
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$2,291 · 0.12%
Similar plansFinance & Insurance · Maryland
Foster Thomas, Inc. MD$5.2M · 0.12%
Immersion Consulting MD$4.1M · 0.07%
My Mortgage Inc MD$1.3M · 1.72%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522304304 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.