Plan Ledger DOL Form 5500 · updated monthly

Curtis Bay Energy, Inc.401(k)

CURTIS BAY ENERGY, INC. 401K RETIREMENT PLAN · BALTIMORE, MD · plan year 2023

Reported admin expense ratio · 2023
0.99%

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

Curtis Bay Energy, Inc. reported $40,400 in plan administrative expenses for 2023: 0.99% of average plan assets, higher than ~75% of peers. Employer contributions averaged $717 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 1 year on file its reported administrative ratio fell from 1.20% to 0.99%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Maryland (1,301st of 1,671), and 1,472nd of 2,534 in administrative & support services. In 2023, employees put in $4.03 for every $1.00 the employer contributed; active participation has grown from 240 to 327 since 2022.

Plan summary
Net assets, end of year$4,748,531
Participants with balances508
Active participants327
Employer contributions$234,589
Employee contributions$946,549
Employer contribution per active participant$717
Average account balance$9,348
Benefits paid to participants$604,152
Plan auditUnmodified (clean) audit opinion
AuditorPANNELL KERR FORSTER OF TEXAS PC
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $78K emplr
2023$4.7M · 508 accts · $235K emplr
2022$3.4M · 354 accts · $184K emplr
The Curtis Bay Energy, Inc. 401(k) match · 2023
Employer contribution per active participant$717
Median for plans this size$1,308
2023$717 per active participant
2022$768 per active participant

Curtis Bay Energy, Inc.'s 2023 employer contribution ran below the $1,308 median for plans its size. 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
VALLEY FORGE INVESTMENT CONSULTANTS · Investment advisory (plan)$18,780
VALLEY FORGE PENSION MNGT · Contract administrator$8,771
EMPOWER ADVISORY GROUP, LLC · Investment management$1,416

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

Administrative cost history3
2024Not separately reported
2023$40,400 · 0.99%
2022$46,403 · 1.20%
Same employer
Similar plansAdministrative & Support Services · Maryland
Psi Services III, Inc. MD$7.5M · 0.00%
Denison Landscaping, Inc. MD$7.0M · 0.62%
Wb Waste Solutions MD$4.9M · 0.84%
Gci Residential Inc MD$4.6M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521770031 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.