Plan Ledger DOL Form 5500 · updated monthly

Charles E. Smith Life CommunitiesProfit-sharing plan

CHARLES E. SMITH LIFE COMMUNITIES RETIREMENT PLAN · ROCKVILLE, MD · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Charles E. Smith Life Communities reported $92,109 in plan administrative expenses for 2024: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,434 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 0.35% to 0.49%. 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 670th-largest of 1,671 plans among Maryland employers on file, and the 3,810th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$19,107,309
Participants with balances1,044
Active participants813
Employer contributions$1,165,777
Employee contributions—
Employer contribution per active participant$1,434
Average account balance$18,302
Benefits paid to participants$2,130,573
Plan auditUnmodified (clean) audit opinion
AuditorSCHIAVI, WALLACE AND ROWE, PC
Plan history3
Yearassets · accounts · employer contribution
2024$19.1M · 1,044 accts · $1.2M emplr
2023$18.6M · 1,044 accts · $1.1M emplr
2022$16.8M · 1,032 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$92,109
Total administrative$92,109
Employer contributions to the Charles E. Smith Life Communities plan · 2024
Employer contribution per active participant$1,434
Median for plans this size$2,416
2024$1,434 per active participant
2023$1,346 per active participant
2022$1,391 per active participant

Charles E. Smith Life Communities'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 · 20241
VALIC RETIREMENT SERVICES COMPANY · Custodial (securities) · Investment advisory (participants)$92,109

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$92,109 · 0.49%
2023$73,824 · 0.42%
2022$63,683 · 0.35%
All plans at this employer2
CHARLES E. SMITH LIFE COMMUNITIES RETIREMENT PLANProfit-sharing plan
CHARLES E. SMITH LIFE COMMUNITIES 403(B) PLAN403(b)
Same employer
Similar plansHealth Care & Social Assistance · Maryland
Cvr Management, LLC MD$19.7M · 0.20%
Essential Brands, Inc. MD$19.5M · 0.33%
Montgomery Hospice MD$18.9M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 530196508 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.