Plan Ledger DOL Form 5500 · updated monthly

Denison Landscaping, Inc.401(k)

DENISON GROUP 401(K) AND PROFIT SHARING PLAN · FORT WASHINGTON, MD · plan year 2023

Reported admin expense ratio · 2023
0.62%

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

Denison Landscaping, Inc. reported $40,217 in plan administrative expenses for 2023: 0.62% of average plan assets, above the peer median. Employer contributions averaged $268 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 0.27% to 1.05%. 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 (1,148th of 1,671), and the 1,227th of 2,534 in administrative & support services. In 2023, employees put in $3.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,001,880
Participants with balances141
Active participants423
Employer contributions$113,375
Employee contributions$370,255
Employer contribution per active participant$268
Average account balance$49,659
Benefits paid to participants$477,923
Plan auditUnmodified (clean) audit opinion
AuditorBDO USA PA
Plan history3
Yearassets · accounts · employer contribution
2024$6.4M · 115 accts · $88K emplr
2023$7.0M · 141 accts · $113K emplr
2022$6.0M · 166 accts · $218K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$15,039
Investment management$25,178
Total administrative$40,217
The Denison Landscaping, Inc. 401(k) match · 2023
Employer contribution per active participant$268
Median for plans this size$1,308
2024$340 per active participant
2023$268 per active participant
2022$514 per active participant

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

Service providers · 20232
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$15,039
FIRST NATIONAL TRUST COMPANY · Investment advisory (plan)$25,178

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$70,678 · 1.05%
2023$40,217 · 0.62%
2022$17,282 · 0.27%
Similar plansAdministrative & Support Services · Maryland
Brightkey, Inc. MD$10.7M · 0.71%
Psi Services III, Inc. MD$7.5M · 0.00%
Wb Waste Solutions MD$4.9M · 0.84%
Curtis Bay Energy, Inc. MD$4.7M · 0.99%
Gci Residential Inc MD$4.6M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521672506 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.