Plan Ledger DOL Form 5500 · updated monthly

Contiem, Inc.401(k)

CONTIEM, INC. 401(K) PLAN · ANNAPOLIS, MD · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Contiem, Inc. reported $37,778 in plan administrative expenses for 2024: 0.45% of average plan assets, below the peer median. Employer contributions averaged $4,455 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 0.53% to 0.45%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Maryland (1,049th of 1,671), and 1,586th of 2,199 in information & media. In 2024, employees put in $2.27 for every $1.00 the employer contributed; active participation has shrunk from 108 to 64 since 2022.

Plan summary
Net assets, end of year$8,813,511
Participants with balances99
Active participants64
Employer contributions$285,145
Employee contributions$647,475
Employer contribution per active participant$4,455
Average account balance$89,025
Benefits paid to participants$1,659,971
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.8M · 99 accts · $285K emplr
2023$8.1M · 117 accts · $254K emplr
2022$6.6M · 119 accts · $249K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,436
Investment management$17,342
Total administrative$37,778
The Contiem, Inc. 401(k) match · 2024
Employer contribution per active participant$4,455
Median for plans this size$1,313
2024$4,455 per active participant
2023$2,825 per active participant
2022$2,306 per active participant

Contiem, Inc.'s 2024 employer contribution ran above the $1,313 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
MERRILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan)$13,369
EMPOWER ADVISORY GROUP, LLC · Investment management$3,974

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

Administrative cost history3
2024$37,778 · 0.45%
2023$34,688 · 0.47%
2022$40,111 · 0.53%
Similar plansInformation & Media · Maryland
Protenus, Inc. MD$9.4M · 0.26%
The Freedonia Group, Inc. MD$9.3M · 0.45%
Advantage Engineers, LLC MD$9.0M · 0.87%
Marketresearch.com, Inc. MD$8.9M · 0.50%
Catalyte, Inc. MD$7.7M · 0.50%
Think Systems, Inc. MD$7.1M · 0.83%
The Data Entry Company MD$6.0M · 1.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510542116 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.