Plan Ledger DOL Form 5500 · updated monthly

Commercial Contractors, Inc.401(k)

MANGIONE FAMILY ENTERPRISES RETIREMENT PLAN · ELLICOTT CITY, MD · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Commercial Contractors, Inc. reported $28,749 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $232 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 0.06% to 0.07%. 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 379th-largest of 1,671 plans among Maryland employers on file, and the 2,222nd of 11,911 in health care & social assistance. In 2024, employees put in $5.28 for every $1.00 the employer contributed; active participation has grown from 1,442 to 2,106 since 2022.

Plan summary
Net assets, end of year$40,587,638
Participants with balances652
Active participants2,106
Employer contributions$489,373
Employee contributions$2,584,790
Employer contribution per active participant$232
Average account balance$62,251
Benefits paid to participants$4,215,673
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$40.6M · 652 accts · $489K emplr
2023$36.5M · 612 accts · $468K emplr
2022$32.0M · 600 accts · $378K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,489
Investment management$21,260
Total administrative$28,749
The Commercial Contractors, Inc. 401(k) match · 2024
Employer contribution per active participant$232
Median for plans this size$2,416
2024$232 per active participant
2023$261 per active participant
2022$262 per active participant

Commercial Contractors, Inc.'s 2024 employer contribution ran below the $2,416 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
BKD, LLP · Recordkeeping · Pension consulting$18,500
ADP, INC. · Loan processing · Recordkeeping$10,248
ADP BROKER-DEALER · Other servicesindirect comp
MORGAN STANLEY SMITH BARNEY LLC · Other servicesindirect comp

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, BKD, LLP
2023ADP, BKD, LLP

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

Administrative cost history3
2024$28,749 · 0.07%
2023$23,801 · 0.07%
2022$21,830 · 0.06%
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 520677187 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.