Plan Ledger DOL Form 5500 · updated monthly

Hill Management Services, Inc401(k)

HILL MANAGEMENT SERVICES, INC. 401(K) PLAN · HUNT VALLEY, MD · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

Hill Management Services, Inc reported $48,442 in plan administrative expenses for 2024: 0.56% of average plan assets, above the peer median. Employer contributions averaged $933 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 0.81% to 0.56%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Maryland (1,032nd of 1,671), and 1,163rd of 2,096 in real estate & leasing. In 2024, employees put in $5.54 for every $1.00 the employer contributed; active participation has grown from 224 to 264 since 2022.

Plan summary
Net assets, end of year$9,176,659
Participants with balances253
Active participants264
Employer contributions$246,359
Employee contributions$1,364,693
Employer contribution per active participant$933
Average account balance$36,271
Benefits paid to participants$1,591,731
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.2M · 253 accts · $246K emplr
2023$8.2M · 255 accts · $202K emplr
2022$6.3M · 240 accts · $189K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,442
Investment management$20,000
Total administrative$48,442
The Hill Management Services, Inc 401(k) match · 2024
Employer contribution per active participant$933
Median for plans this size$1,313
2024$933 per active participant
2023$849 per active participant
2022$846 per active participant

Hill Management Services, 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 · 20242
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$20,000

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$48,442 · 0.56%
2023$45,202 · 0.62%
2022$51,832 · 0.81%
Same employer
Similar plansReal Estate & Leasing · Maryland
Field Payroll, LLC MD$12.5M · 1.15%
Halle Enterprises, Inc. MD$12.4M · 0.13%
Humphrey Management LLC MD$10.5M · 0.62%
Hai Management, Inc. MD$8.9M · 0.36%
Residential One, LLC MD$8.2M · 0.72%
Rentals Unlimited Inc. MD$6.0M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521723215 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.