Plan Ledger DOL Form 5500 · updated monthly

Development Facilitators Inc.401(k)

DEVELOPMENT FACILITATORS INC 401K PLAN · MILLERSVILLE, MD · plan year 2023

Reported admin expense ratio · 2023
0.52%

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

Development Facilitators Inc. reported $18,331 in plan administrative expenses for 2023: 0.52% of average plan assets, above the peer median. Employer contributions averaged $1,494 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 3 years on file its reported administrative ratio fell from 0.74% to 0.66%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Maryland (1,364th of 1,671), and 10,223rd of 11,654 in professional & technical services. In 2023, employees put in $3.14 for every $1.00 the employer contributed; active participation has grown from 97 to 109 since 2022.

Plan summary
Net assets, end of year$3,867,104
Participants with balances149
Active participants109
Employer contributions$162,890
Employee contributions$511,981
Employer contribution per active participant$1,494
Average account balance$25,954
Benefits paid to participants$463,920
Plan auditUnmodified (clean) audit opinion
AuditorSKIBBIE CPA INC.
Plan history4
Yearassets · accounts · employer contribution
2025$3.5M · 148 accts · $148K emplr
2024$3.4M · 140 accts · $146K emplr
2023$3.9M · 149 accts · $163K emplr
2022$3.2M · 137 accts · $152K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$1,990
Investment management$16,341
Total administrative$18,331
The Development Facilitators Inc. 401(k) match · 2023
Employer contribution per active participant$1,494
Median for plans this size$1,308
2025$1,289 per active participant
2024$1,510 per active participant
2023$1,494 per active participant
2022$1,565 per active participant

Development Facilitators Inc.'s 2023 employer contribution ran above 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 · 20233
MERRILL LYNCH PIERCE FENNER & SMITH · Recordkeeping · Pension consulting$16,341
ADP, INC. · Loan processing · Recordkeeping$1,990
ADP BROKER-DEALER · 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 year3
2025ADP, Bank of America / Merrill
2024ADP, Bank of America / Merrill
2023ADP, Bank of America / Merrill

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

Administrative cost history4
2025$22,865 · 0.66%
2024$26,571 · 0.73%
2023$18,331 · 0.52%
2022$24,098 · 0.74%
Similar plansProfessional & Technical Services · Maryland
A P Ventures, LLC MD$4.2M · 0.14%
The McConnell Group, Inc. MD$4.0M · 0.74%
Strativia, LLC MD$3.6M · 1.50%
Samcart MD$3.4M · 0.15%
Builders Design, LLC MD$3.3M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521119016 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.