Plan Ledger DOL Form 5500 · updated monthly

Hollis Seunarine Mdpa LLC401(k)

HOLLIS SEUNARINE MDPA LLC 401(K) PROFIT SHARING PLAN & TRUST · HUNT VALLEY, MD · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Hollis Seunarine Mdpa LLC reported $49,908 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $2,744 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 0.56% to 0.32%. 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 735th-largest of 1,671 plans among Maryland employers on file, and 6,157th of 11,654 in professional & technical services. In 2024, employees put in $2.36 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,906,732
Participants with balances114
Active participants140
Employer contributions$384,158
Employee contributions$905,379
Employer contribution per active participant$2,744
Average account balance$148,305
Benefits paid to participants$583,449
Plan auditUnmodified (clean) audit opinion
AuditorBENEFIT AUDIT GROUP, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$16.9M · 114 accts · $384K emplr
2023$14.4M · 113 accts · $375K emplr
2022$12.0M · 111 accts · $378K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,997
Investment management$36,951
Trustee / custodial$960
Total administrative$49,908
The Hollis Seunarine Mdpa LLC 401(k) match · 2024
Employer contribution per active participant$2,744
Median for plans this size$2,416
2024$2,744 per active participant
2023$2,737 per active participant
2022$2,887 per active participant

Hollis Seunarine Mdpa LLC'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
PAYCHEX, INC. · Recordkeeping$12,057
MERRILL LYNCH, PIERCE, FENNER · Investment advisory (plan)$36,951

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

Recordkeeper by year2
2024Paychex
2023Bank of America / Merrill, Paychex

This plan has changed recordkeepers within these filings. If you left Hollis Seunarine Mdpa LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$49,908 · 0.32%
2023$57,111 · 0.43%
2022$71,274 · 0.56%
Same employer
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Lieber Institute, Inc. MD$17.8M · 0.29%
Integral Federal, Inc. MD$17.7M · 0.37%
Wts International, LLC MD$17.2M · 0.89%
Digital Infuzion, LLC MD$17.0M · 0.34%
Sparksoft Corporation MD$16.7M · 0.54%
Senseonics Incorporated MD$16.7M · 0.01%
Ains, Inc. MD$16.6M · 0.45%
Qed Systems, LLC MD$16.5M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521105414 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.