Plan Ledger DOL Form 5500 · updated monthly

Gross, Mendelsohn & Associates, PA401(k)

GROSS MENDELSOHN & ASSOCIATES PA 401(K) PROFIT SHARING PLAN · BALTIMORE, MD · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Gross, Mendelsohn & Associates, PA reported $31,308 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,618 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 0.071%. 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 337th-largest of 1,671 plans among Maryland employers on file, and the 2,880th of 11,654 in professional & technical services. In 2024, employees put in $3.20 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$47,521,438
Participants with balances169
Active participants133
Employer contributions$481,139
Employee contributions$1,540,706
Employer contribution per active participant$3,618
Average account balance$281,192
Benefits paid to participants$1,780,205
Plan auditUnmodified (clean) audit opinion
AuditorJOHANSON & YAU ACCOUNTANCY CORP
Plan history3
Yearassets · accounts · employer contribution
2024$47.5M · 169 accts · $481K emplr
2023$40.9M · 167 accts · $458K emplr
2022$34.4M · 163 accts · $435K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,558
Audit (IQPA)$14,750
Total administrative$31,308
The Gross, Mendelsohn & Associates, PA 401(k) match · 2024
Employer contribution per active participant$3,618
Median for plans this size$2,416
2024$3,618 per active participant
2023$3,470 per active participant
2022$3,478 per active participant

Gross, Mendelsohn & Associates, PA's 2024 employer contribution ran above the $2,416 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 · 20242
PCS RETIREMENT LLC · Contract administrator · Pension consulting$16,558
JOHANSON & YAU ACCOUNTANCY CORP · Accounting / audit$14,750

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024PCS Retirement
2023PCS Retirement

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$31,308 · 0.07%
2023$34,995 · 0.09%
2022$26,148 · 0.07%
Same employer
Similar plansProfessional & Technical Services · Maryland
Coronis Global LLC MD$49.3M · 0.32%
Gse Systems, Inc. MD$49.0M · 0.18%
Varen Technologies, Inc. MD$48.0M · 0.22%
Aem Commercial, Inc. MD$47.3M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 520982413 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.