Plan Ledger DOL Form 5500 · updated monthly

Highrise Consulting, Inc401(k)

HIGHRISE CONSULTING, INC 401K PLAN · BETHESDA, MD · plan year 2022

Reported admin expense ratio · 2022
0.30%

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

Highrise Consulting, Inc reported $20,019 in plan administrative expenses for 2022: 0.30% of average plan assets, below the peer median. Employer contributions averaged $2,534 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 professional & technical services employers. By assets it is among the smaller plans on file in Maryland (1,179th of 1,671), and 9,266th of 11,654 in professional & technical services. In 2022, employees put in $2.69 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,330,535
Participants with balances96
Active participants99
Employer contributions$250,909
Employee contributions$676,035
Employer contribution per active participant$2,534
Average account balance$65,943
Benefits paid to participants$340,291
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$2,650
Investment management$17,369
Total administrative$20,019
The Highrise Consulting, Inc 401(k) match · 2022
Employer contribution per active participant$2,534
Median for plans this size$1,114

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

Administrative cost history1
2022$20,019 · 0.30%
Same employer
Similar plansProfessional & Technical Services · Maryland
1 Source Consulting, Inc. MD$6.9M · 0.96%
A Square Group MD$6.2M · 0.72%
Mpf Federal LLC MD$6.2M · 0.22%
Apisource, Inc. MD$6.2M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204825013 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.