Plan Ledger DOL Form 5500 · updated monthly

Chimes International Limited403(b)

CHIMES INTERNATIONAL LIMITED 403(B) PLAN · BALTIMORE, MD · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Chimes International Limited reported $286,829 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~90% of peers. Employer contributions averaged $481 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 has held roughly steady near 0.48%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other other services employers. By assets it is the 273rd-largest of 1,671 plans among Maryland employers on file, and the 348th of 3,341 in other services. In 2024, employees put in $2.25 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$62,600,132
Participants with balances2,529
Active participants3,273
Employer contributions$1,574,875
Employee contributions$3,547,260
Employer contribution per active participant$481
Average account balance$24,753
Benefits paid to participants$6,747,607
Plan auditUnmodified (clean) audit opinion
AuditorGORFINESCHILLERGARDYN
Plan history2
Yearassets · accounts · employer contribution
2024$62.6M · 2,529 accts · $1.6M emplr
2023$57.8M · 2,732 accts · $3.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$158,653
Total administrative$286,829
Employer contributions to the Chimes International Limited plan · 2024
Employer contribution per active participant$481
Median for plans this size$3,635
2024$481 per active participant
2023$961 per active participant

Chimes International Limited's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom quarter of its peers. 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 · 20244
ADP INC · Recordkeeping · Loan processing$157,200
GREENSPRING ADVISORS LLC · Recordkeeping · Trustee$71,085
MCGLADREY & PULLEN · Recordkeeping · Pension consulting$34,700
RETIREMENT MANAGEMENT SERVICES LLC · Recordkeeping · Pension consulting$19,448

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

Recordkeeper by year2
2024ADP, GREENSPRING ADVISORS LLC, MCGLADREY & PULLEN, RETIREMENT MANAGEMENT SERVICES LLC
2023ADP, Vanguard

This plan has changed recordkeepers within these filings. If you left Chimes International Limited before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history2
2024$286,829 · 0.48%
2023$234,704 · 0.49%
Same employer
Similar plansOther Services · Maryland
American Nurses Association MD$62.1M · 0.01%
Columbia Association, Inc. MD$58.6M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522000359 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.