Concord Foundations Network, LLC401(k)
CONCORD FOUNDATIONS NETWORK, LLC 401(K) PLAN · COLUMBIA, MD · plan year 2022
Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works
Concord Foundations Network, LLC reported $20,922 in plan administrative expenses for 2022: 1.30% of average plan assets, higher than ~90% of peers. Employer contributions averaged $0 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Maryland (1,567th of 1,671), and 2,074th of 2,534 in administrative & support services.
Concord Foundations Network, LLC's 2022 employer contribution ran below the $1,114 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.
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 822873906 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.