Plan Ledger DOL Form 5500 · updated monthly

Health Prime Aln, LLC401(k)

HEALTH PRIME ALN, LLC 401(K) PLAN · OXON HILL, MD · plan year 2022

Reported admin expense ratio · 2022
0.91%

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

Health Prime Aln, LLC reported $71,590 in plan administrative expenses for 2022: 0.91% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,399 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Maryland (1,142nd of 1,671), and 4,272nd of 4,798 in finance & insurance. In 2022, employees put in $2.20 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,059,521
Participants with balances195
Active participants167
Employer contributions$233,642
Employee contributions$513,220
Employer contribution per active participant$1,399
Average account balance$36,203
Benefits paid to participants$1,286,363
Plan auditUnmodified (clean) audit opinion
AuditorDANA F COLE & COMPANY LLP
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $245K emplr
2022$7.1M · 195 accts · $234K emplr
The Health Prime Aln, LLC 401(k) match · 2022
Employer contribution per active participant$1,399
Median for plans this size$1,114

Health Prime Aln, LLC's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$71,590 · 0.91%
Similar plansFinance & Insurance · Maryland
Employee Navigator LLC MD$7.9M · 0.10%
Kdp Investments, LLC MD$7.0M · 0.04%
Corporate Brokers LLC MD$5.9M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 921549940 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.