Chesapeake Systems, LLC401(k)
CHESAPEAKE SYSTEMS, LLC 401(K) PLAN · SPARKS, MD · plan year 2022
Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works
Chesapeake Systems, LLC reported $65,541 in plan administrative expenses for 2022: 0.43% of average plan assets, above the peer median. Employer contributions averaged $1,936 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other construction employers. By assets it is the 816th-largest of 1,671 plans among Maryland employers on file, and the 2,550th of 5,337 in construction. In 2022, employees put in $4.26 for every $1.00 the employer contributed.
Chesapeake Systems, LLC's 2022 employer contribution ran below the $2,266 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.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 208445179 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.