Plan Ledger DOL Form 5500 · updated monthly

Future Care Health and Management Corporation401(k)

FUTURECARE 401(K) PLAN · PASADENA, MD · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Future Care Health and Management Corporation reported $150,964 in plan administrative expenses for 2024: 0.28% of average plan assets, higher than ~75% of peers. Employer contributions averaged $286 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 0.41% to 0.28%. 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 293rd-largest of 1,671 plans among Maryland employers on file, and the 2,459th of 11,654 in professional & technical services. In 2024, employees put in $7.44 for every $1.00 the employer contributed; active participation has shrunk from 2,515 to 2,215 since 2022.

Plan summary
Net assets, end of year$57,360,673
Participants with balances1,104
Active participants2,215
Employer contributions$632,889
Employee contributions$4,706,005
Employer contribution per active participant$286
Average account balance$51,957
Benefits paid to participants$6,619,083
Plan auditUnmodified (clean) audit opinion
AuditorGORFINE SCHILLER & GARDYN, PA
Plan history3
Yearassets · accounts · employer contribution
2024$57.4M · 1,104 accts · $633K emplr
2023$52.1M · 1,014 accts · $338K emplr
2022$44.9M · 1,042 accts · $4K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$78,755
Investment management$70,970
Trustee / custodial$1,239
Total administrative$150,964
The Future Care Health and Management Corporation 401(k) match · 2024
Employer contribution per active participant$286
Median for plans this size$3,635
2024$286 per active participant
2023$154 per active participant
2022$2 per active participant

Future Care Health and Management Corporation's 2024 employer contribution ran below the $3,635 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 · 20243
NFP RETIREMENT INC · Investment advisory (plan) · Contract administrator$54,936
NFP CORPORATE SERVICES (PA) INC · Plan administrator$9,502

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$150,964 · 0.28%
2023$143,040 · 0.29%
2022$202,651 · 0.41%
Same employer
Similar plansProfessional & Technical Services · Maryland
Gordon Feinblatt LLC MD$58.6M · 0.33%
Engineering Solutions, Inc. MD$58.5M · 0.14%
Engineering Solutions, Inc. MD$58.5M · 0.14%
Pharmaron, Inc. MD$57.7M · 0.33%
Dcca MD$56.0M · 0.00%
Bolton Partners, Inc. MD$55.2M · 0.02%
I.M. Systems Group, Inc. MD$52.6M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521508636 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.