Plan Ledger DOL Form 5500 · updated monthly

Family Health Centers of Baltimore, Inc.403(b)

FAMILY HEALTH CENTERS OF BALTIMORE, INC. TAX DEFERRED ANNUITY PLAN · BALTIMORE, MD · plan year 2022

Reported admin expense ratio · 2022
0.70%

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

Family Health Centers of Baltimore, Inc. reported $15,803 in plan administrative expenses for 2022: 0.70% of average plan assets, above the peer median. Employer contributions averaged $900 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 health care & social assistance employers. By assets it is among the smaller plans on file in Maryland (1,514th of 1,671), and 9,929th of 11,911 in health care & social assistance. In 2022, employees put in $2.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,143,043
Participants with balances167
Active participants53
Employer contributions$47,712
Employee contributions$114,025
Employer contribution per active participant$900
Average account balance$12,833
Benefits paid to participants$124,737
Plan auditUnmodified (clean) audit opinion
AuditorJM & M
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$15,803
Total administrative$15,803
Employer contributions to the Family Health Centers of Baltimore, Inc. plan · 2022
Employer contribution per active participant$900
Median for plans this size$1,114

Family Health Centers of Baltimore, Inc.'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$15,803 · 0.70%
Similar plansHealth Care & Social Assistance · Maryland
Amatus Health MD$2.3M · 2.52%
Oxford House Inc MD$2.2M · 0.33%
Spring Dell Center, Inc. MD$2.2M · 0.06%
Alliance, Inc. MD$2.2M · 1.73%
Columbia Academy Lc MD$2.1M · 1.08%
Tuerk House, Inc. MD$2.0M · 0.90%
Humanim MD$2.0M · 0.87%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521118424 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.