Plan Ledger DOL Form 5500 · updated monthly

Gelman, Rosenberg & Freedman, PC401(k)

GELMAN, ROSENBERG & FREEDMAN, PC PROFIT SHARING PLAN AND TRUST · BETHESDA, MD · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Gelman, Rosenberg & Freedman, PC reported $81,221 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $5,702 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 3 years on file its reported administrative ratio has held roughly steady near 0.24%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 411th-largest of 1,671 plans among Maryland employers on file, and the 3,557th of 11,654 in professional & technical services. In 2024, employees put in $1.81 for every $1.00 the employer contributed; active participation has grown from 161 to 182 since 2022.

Plan summary
Net assets, end of year$36,523,292
Participants with balances226
Active participants182
Employer contributions$1,037,794
Employee contributions$1,873,689
Employer contribution per active participant$5,702
Average account balance$161,607
Benefits paid to participants$2,939,615
Plan auditUnmodified (clean) audit opinion
AuditorTHOMPSON GREENSPON
Plan history3
Yearassets · accounts · employer contribution
2024$36.5M · 226 accts · $1.0M emplr
2023$30.8M · 235 accts · $958K emplr
2022$23.5M · 208 accts · $746K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,558
Investment management$55,663
Total administrative$81,221
The Gelman, Rosenberg & Freedman, PC 401(k) match · 2024
Employer contribution per active participant$5,702
Median for plans this size$2,416
2024$5,702 per active participant
2023$5,354 per active participant
2022$4,636 per active participant

Gelman, Rosenberg & Freedman, PC's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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
SNOWDEN CAPITAL ADVISORS LLC · Investment advisory (plan)$55,663
CAPITAL GROUP RETIREMENT PLAN SVCS$25,558

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$81,221 · 0.24%
2023$63,354 · 0.23%
2022$60,572 · 0.23%
Same employer
Similar plansProfessional & Technical Services · Maryland
Phillips Corporation MD$36.8M · 0.19%
X Energy, LLC MD$36.7M · 0.23%
Precigen, Inc. MD$36.5M · 0.03%
Axle Informatics, LLC MD$36.3M · 0.10%
Mori Associates, Inc. MD$35.5M · 0.24%
Intelligenesis LLC MD$35.4M · 0.41%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 521392008 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.