Plan Ledger DOL Form 5500 · updated monthly

Family and Children's Services of Central Maryland, Inc.403(b)

THE FAMILY AND CHILDREN'S SERVICES OF CENTRAL MARYLAND 403(B) PLAN · BALTIMORE, MD · plan year 2024

Reported admin expense ratio · 2024
1.02%

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

Family and Children's Services of Central Maryland, Inc. reported $24,301 in plan administrative expenses for 2024: 1.02% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,051 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 1.14% to 1.02%. 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 (1,472nd of 1,671), and 9,518th of 11,911 in health care & social assistance. In 2024, employees put in $2.67 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,661,703
Participants with balances89
Active participants88
Employer contributions$92,475
Employee contributions$246,493
Employer contribution per active participant$1,051
Average account balance$29,907
Benefits paid to participants$94,437
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.7M · 89 accts · $92K emplr
2023$2.1M · 104 accts · $84K emplr
2022$1.6M · 102 accts · $69K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,039
Investment management$11,262
Total administrative$24,301
Employer contributions to the Family and Children's Services of Central Maryland, Inc. plan · 2024
Employer contribution per active participant$1,051
Median for plans this size$1,313
2024$1,051 per active participant
2023$964 per active participant
2022$832 per active participant

Family and Children's Services of Central Maryland, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20242
NWPS · Recordkeeping · Loan processing$13,039
WILLIAM BLAIR · Investment advisory (participants) · Named fiduciary$11,262

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

Recordkeeper by year2
2024NWPS
2023NWPS

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

Administrative cost history3
2024$24,301 · 1.02%
2023$19,767 · 1.06%
2022$16,559 · 1.14%
Similar plansHealth Care & Social Assistance · Maryland
Archway Station, Inc. MD$2.8M · 0.61%
Calmra, Inc. MD$2.7M · 0.03%
Bello Machre, Inc MD$2.7M · 0.12%
Creative Options, Inc. MD$2.5M · 1.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 520591546 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.