Plan Ledger DOL Form 5500 · updated monthly

Elegance Living Employer, LLC401(k)

ELEGANCE LIVING EMPLOYER, LLC 401(K) PLAN · BALTIMORE, MD · plan year 2024

Reported admin expense ratio · 2024
3.42%

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

Elegance Living Employer, LLC reported $165,826 in plan administrative expenses for 2024: 3.42% of average plan assets, higher than ~90% of peers. Employer contributions averaged $380 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 4.07% to 3.42%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Maryland (1,258th of 1,671), and 7,690th of 11,911 in health care & social assistance. In 2024, employees put in $3.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,400,628
Participants with balances1,215
Active participants1,183
Employer contributions$450,028
Employee contributions$1,602,217
Employer contribution per active participant$380
Average account balance$4,445
Benefits paid to participants$1,476,228
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.4M · 1,215 accts · $450K emplr
2023$4.3M · 1,046 accts
2022$3.5M · 1,210 accts · $42 emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$134,462
Investment management$31,364
Total administrative$165,826
The Elegance Living Employer, LLC 401(k) match · 2024
Employer contribution per active participant$380
Median for plans this size$1,313
2024$380 per active participant
2022$0 per active participant

Elegance Living Employer, LLC's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
PCS RETIREMENT, LLC · Contract administrator · Recordkeeping$134,462
TPG FINANCIAL ADVISORS, LLC · Investment management$31,364

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

Recordkeeper by year2
2024PCS Retirement
2023PCS Retirement

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

Administrative cost history3
2024$165,826 · 3.42%
2023$188,333 · 4.86%
2022$154,817 · 4.07%
Same employer
Similar plansHealth Care & Social Assistance · Maryland
Weachieve Inc. MD$5.7M · 0.01%
Verbal Beginnings LLC MD$5.6M · 1.37%
Emerge, Inc. MD$5.4M · 0.98%

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Source: U.S. Department of Labor, Form 5500 series, EIN 843189155 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.