Plan Ledger DOL Form 5500 · updated monthly

Efficiency Enterprises of Maryland & Tampa, LLC401(k)

EFFICIENCY ENTERPRISES OF MARYLAND & TAMPA, LLC EMPLOYEES 401(K) SAVINGS PLAN · BALTIMORE, MD · plan year 2022

Reported admin expense ratio · 2022
0.77%

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

Efficiency Enterprises of Maryland & Tampa, LLC reported $35,755 in plan administrative expenses for 2022: 0.77% of average plan assets, above the peer median. Employer contributions averaged $979 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Maryland (1,317th of 1,671), and 1,711th of 2,677 in transportation & warehousing. In 2022, employees put in $2.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,520,822
Participants with balances95
Active participants83
Employer contributions$81,233
Employee contributions$164,296
Employer contribution per active participant$979
Average account balance$47,588
Benefits paid to participants$30,417
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$35,755
Total administrative$35,755
The Efficiency Enterprises of Maryland & Tampa, LLC 401(k) match · 2022
Employer contribution per active participant$979
Median for plans this size$1,114

Efficiency Enterprises of Maryland & Tampa, LLC's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$35,755 · 0.77%
Similar plansTransportation & Warehousing · Maryland
The Terminal Corporation MD$6.9M · 0.44%
Canton Port Services, LLC MD$4.1M · 0.24%
Sungwon Distributor LLC MD$1.1M · 2.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521989785 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.