Plan Ledger DOL Form 5500 · updated monthly

Digital Management, LLC401(k)

DIGITAL MANAGEMENT, LLC 401(K) PLAN · BETHESDA, MD · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Digital Management, LLC reported $328,843 in plan administrative expenses for 2024: 0.18% of average plan assets, above the peer median. Employer contributions averaged $2,498 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 0.22% to 0.18%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 87th-largest of 1,671 plans among Maryland employers on file, and the 810th of 11,654 in professional & technical services. In 2024, employees put in $3.94 for every $1.00 the employer contributed; active participation has grown from 1,297 to 1,554 since 2022.

Plan summary
Net assets, end of year$196,463,849
Participants with balances2,866
Active participants1,554
Employer contributions$3,882,183
Employee contributions$15,280,198
Employer contribution per active participant$2,498
Average account balance$68,550
Benefits paid to participants$28,274,280
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$196.5M · 2,866 accts · $3.9M emplr
2023$178.1M · 2,682 accts · $4.3M emplr
2022$141.7M · 2,515 accts · $3.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$177,100
Investment management$134,743
Audit (IQPA)$17,000
Total administrative$328,843
The Digital Management, LLC 401(k) match · 2024
Employer contribution per active participant$2,498
Median for plans this size$3,635
2024$2,498 per active participant
2023$3,084 per active participant
2022$2,852 per active participant

Digital Management, LLC's 2024 employer contribution ran below the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$177,100
KESTRA INVESTMENT SERVICES LLC · Investment advisory (plan)$80,000
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$54,743
ASSURANCE DIMENSION, INC. · Accounting / audit$17,000

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$328,843 · 0.18%
2023$294,634 · 0.18%
2022$341,473 · 0.22%
Same employer
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The Emmes Company, LLC MD$195.9M · 0.06%
Miles & Stockbridge P.C. MD$195.4M · 0.05%
Gp Strategies Corporation MD$185.5M · 0.21%
Cystic Fibrosis Foundation MD$175.4M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 680505254 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.