Plan Ledger DOL Form 5500 · updated monthly

Georgetown Hill Child Care Center, Inc.401(k)

GEORGETOWN HILL CHILD CARE CENTER, INC. 401(K) PROFIT SHARING PLAN · MONTGOMERY VILLAGE, MD · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Georgetown Hill Child Care Center, Inc. reported $11,718 in plan administrative expenses for 2024: 0.19% of average plan assets, lower than ~75% of peers. Employer contributions averaged $807 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 rose from 0.02% to 0.19%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Maryland (1,168th of 1,671), and 2,043rd of 3,341 in other services. In 2024, employees put in $1.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,833,529
Participants with balances185
Active participants342
Employer contributions$275,867
Employee contributions$549,161
Employer contribution per active participant$807
Average account balance$36,938
Benefits paid to participants$441,703
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.8M · 185 accts · $276K emplr
2023$5.5M · 163 accts · $249K emplr
2022$4.4M · 165 accts · $182K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,429
Investment management$2,148
Audit (IQPA)$7,141
Total administrative$11,718
The Georgetown Hill Child Care Center, Inc. 401(k) match · 2024
Employer contribution per active participant$807
Median for plans this size$1,313
2024$807 per active participant
2023$720 per active participant
2022$557 per active participant

Georgetown Hill Child Care Center, 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 · 20243
RAFFA WEALTHMANAGEMENT · Investment advisory (plan)$7,141
FIDELITY INVESTMENTSINSTITUTIONAL O · Loan processing$1,394
THE VANGUARD GROUP, INC. · Loan processing$1,035

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$11,718 · 0.19%
2023$1,250 · 0.03%
2022$901 · 0.02%
Similar plansOther Services · Maryland
Abilities Network, Inc. MD$7.6M · 0.04%
Naf MD$6.1M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521232664 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.