Plan Ledger DOL Form 5500 · updated monthly

Human Resources, Inc.401(k)

HUMAN RESOURCES, INC. RETIREMENT SAVINGS PLAN · CROFTON, MD · plan year 2024

Reported admin expense ratio · 2024
0.71%

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

Human Resources, Inc. reported $629,287 in plan administrative expenses for 2024: 0.71% of average plan assets, higher than ~90% of peers. Employer contributions averaged $4,731 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 0.71%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 176th-largest of 1,671 plans among Maryland employers on file, and the 1,519th of 11,654 in professional & technical services. In 2024, employees put in $1.30 for every $1.00 the employer contributed; active participation has grown from 997 to 1,102 since 2022.

Plan summary
Net assets, end of year$99,360,683
Participants with balances1,446
Active participants1,102
Employer contributions$5,213,286
Employee contributions$6,789,596
Employer contribution per active participant$4,731
Average account balance$68,714
Benefits paid to participants$10,152,712
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$0 · $1.5M emplr
2024$99.4M · 1,446 accts · $5.2M emplr
2023$78.6M · 1,284 accts · $4.6M emplr
2022$66.8M · 1,310 accts · $4.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$442,404
Investment management$186,883
Total administrative$629,287
The Human Resources, Inc. 401(k) match · 2024
Employer contribution per active participant$4,731
Median for plans this size$3,635
2024$4,731 per active participant
2023$4,177 per active participant
2022$4,231 per active participant

Human Resources, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20244
SLAVIC INTEGRATED ADMINISTRATION · Recordkeeping · Loan processing$364,600
HARBOR INVESTMENT ADVISORY, LLC · Investment advisory (participants)$105,043
SLAVIC MUTUAL FUND MANAGEMENT CORP · Investment management$81,841
HUMAN RESOURCES INC · Plan administrator$77,804

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

Recordkeeper by year3
2025Slavic401k
2024Slavic401k
2023Slavic401k

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

Administrative cost history4
2025Not separately reported
2024$629,287 · 0.71%
2023$535,443 · 0.74%
2022$488,865 · 0.69%
Similar plansProfessional & Technical Services · Maryland
A.I. Solutions, Inc. MD$101.5M · 0.10%
Aledade, Inc. MD$98.5M · 0.27%
Precise Systems, Inc. MD$98.2M · 0.31%
Bigbear.Ai, LLC MD$96.4M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521665523 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.