Governed United Security Professionals401(k)
THE CONTRACTORS RETIREMENT PLAN · CATONSVILLE, MD · plan year 2024
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Governed United Security Professionals reported $32,420 in plan administrative expenses for 2024: 1.24% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,169 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 2.62% to 1.24%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Maryland (1,458th of 1,671), and 4,563rd of 5,337 in construction. active participation has grown from 136 to 286 since 2019.
Governed United Security Professionals's 2024 employer contribution ran above the $1,313 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 463155316 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.