Plan Ledger DOL Form 5500 · updated monthly

Baywoods Cooperative Housing Cor401(k)

BAYWOODS OF ANNAPOLIS 401K PLAN · ANNAPOLIS, MD · plan year 2022

Reported admin expense ratio · 2022
0.37%

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

Baywoods Cooperative Housing Cor reported $7,398 in plan administrative expenses for 2022: 0.37% of average plan assets, below the peer median. Employer contributions averaged $912 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Maryland (1,534th of 1,671), and 10,136th of 11,911 in health care & social assistance. In 2022, employees put in $2.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,899,364
Participants with balances63
Active participants117
Employer contributions$106,703
Employee contributions$255,110
Employer contribution per active participant$912
Average account balance$30,149
Benefits paid to participants$285,770
Plan auditUnmodified (clean) audit opinion
The Baywoods Cooperative Housing Cor 401(k) match · 2022
Employer contribution per active participant$912
Median for plans this size$1,114

Baywoods Cooperative Housing Cor's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$7,398 · 0.37%
Similar plansHealth Care & Social Assistance · Maryland
Tuerk House, Inc. MD$2.0M · 0.90%
Humanim MD$2.0M · 0.87%
Star Community, Inc. MD$1.8M · 1.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522087960 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.