Plan Ledger DOL Form 5500 · updated monthly

Consortium Health Plans, Inc.401(k)

CONSORTIUM HEALTH PLANS, INC. 401(K) PLAN · COLUMBIA, MD · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Consortium Health Plans, Inc. reported $5,864 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,259 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 fell from 0.05% to 0.04%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 815th-largest of 1,671 plans among Maryland employers on file, and 3,565th of 4,798 in finance & insurance. In 2024, employees put in $1.80 for every $1.00 the employer contributed; active participation has grown from 67 to 76 since 2022.

Plan summary
Net assets, end of year$14,255,350
Participants with balances114
Active participants76
Employer contributions$627,650
Employee contributions$1,127,434
Employer contribution per active participant$8,259
Average account balance$125,047
Benefits paid to participants$2,055,609
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$14.3M · 114 accts · $628K emplr
2023$13.2M · 129 accts · $529K emplr
2022$10.6M · 131 accts · $475K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,185
Investment management$3,679
Total administrative$5,864
The Consortium Health Plans, Inc. 401(k) match · 2024
Employer contribution per active participant$8,259
Median for plans this size$2,416
2024$8,259 per active participant
2023$6,783 per active participant
2022$7,084 per active participant

Consortium Health Plans, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20243
ADP, INC. · Loan processing · Recordkeeping$5,864
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
2023ADP

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

Administrative cost history3
2024$5,864 · 0.04%
2023$5,322 · 0.04%
2022$5,073 · 0.05%
Similar plansFinance & Insurance · Maryland
Industrial Bank MD$16.3M · 0.45%
Apwu - Health Plan MD$13.5M · 0.63%
Ascend One Corporation MD$13.1M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363963715 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.