Plan Ledger DOL Form 5500 · updated monthly

Cardiac Associates, P.C.401(k)

CARDIAC ASSOCIATES, P.C. 401K PLAN · ROCKVILLE, MD · plan year 2022

Reported admin expense ratio · 2022
0.62%

Cardiac Associates, P.C. reported $82,481 in plan administrative expenses for 2022: 0.62% of average plan assets, higher than ~90% 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Maryland (1,090th of 1,671), and 6,475th of 11,911 in health care & social assistance. In 2022, the employer put in $5.97 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$7,952,786
Participants with balances119
Active participants0
Employer contributions$318,533
Employee contributions$53,329
Employer contribution per active participant—
Average account balance$66,830
Benefits paid to participants$7,989,948
Plan auditUnmodified (clean) audit opinion
AuditorLINTON SHAFER WARFIELD & GARRETT PA
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$8.0M · 119 accts · $319K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$16,081
Investment management$43,500
Professional / advisory$22,900
Total administrative$82,481
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 history2
2023Not separately reported
2022$82,481 · 0.62%
Similar plansHealth Care & Social Assistance · Maryland
Everymind, Inc. MD$7.9M · 0.68%
Mnr Industries, LLC MD$7.8M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521087711 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.