Plan Ledger DOL Form 5500 · updated monthly

Calvert Internal Medicine Group, P.A.401(k)

CALVERT INTERNAL MEDICINE GROUP, P.A. 401(K) PROFIT SHARING PLAN · PRINCE FREDERICK, MD · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Calvert Internal Medicine Group, P.A. reported $102,677 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $2,170 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 0.15% to 0.26%. 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 371st-largest of 1,671 plans among Maryland employers on file, and the 2,154th of 11,911 in health care & social assistance. In 2024, employees put in $3.34 for every $1.00 the employer contributed; active participation has grown from 98 to 123 since 2022.

Plan summary
Net assets, end of year$42,037,575
Participants with balances189
Active participants123
Employer contributions$266,923
Employee contributions$892,588
Employer contribution per active participant$2,170
Average account balance$222,421
Benefits paid to participants$364,056
Plan auditUnmodified (clean) audit opinion
AuditorMULLEN,SONDBERG,WIMBISH&STONE,P.A
Plan history3
Yearassets · accounts · employer contribution
2024$42.0M · 189 accts · $267K emplr
2023$35.7M · 171 accts · $835K emplr
2022$29.9M · 149 accts · $666K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,751
Investment management$66,377
Trustee / custodial$11,549
Total administrative$102,677
The Calvert Internal Medicine Group, P.A. 401(k) match · 2024
Employer contribution per active participant$2,170
Median for plans this size$2,416
2024$2,170 per active participant
2023$7,078 per active participant
2022$6,798 per active participant

Calvert Internal Medicine Group, P.A.'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
NEWPORT GROUP, INC. · Plan administrator · Recordkeeping$24,751
NEWPORT GROUP CONSULTING, LLC · Investment advisory (plan)$66,377
NEWPORT TRUST COMPANY · Trustee · Trustee (discretionary)$11,549

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$102,677 · 0.26%
2023$56,447 · 0.17%
2022$48,047 · 0.15%
Same employer
Similar plansHealth Care & Social Assistance · Maryland
Adfinitas Management, LLC MD$44.2M · 0.32%
World Relief MD$36.5M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521365400 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.