Plan Ledger DOL Form 5500 · updated monthly

HumanimProfit-sharing plan

HUMANIM PROFIT SHARING PLAN · COLUMBIA, MD · plan year 2024

Reported admin expense ratio · 2024
0.87%

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

Humanim reported $16,644 in plan administrative expenses for 2024: 0.87% of average plan assets, higher than ~75% of peers. Employer contributions averaged $0 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 1.22% to 0.87%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Maryland (1,526th of 1,671), and 10,077th of 11,911 in health care & social assistance. active participation has shrunk from 374 to 48 since 2022.

Plan summary
Net assets, end of year$1,971,824
Participants with balances112
Active participants48
Employer contributions$0
Employee contributions$0
Employer contribution per active participant$0
Average account balance$17,606
Benefits paid to participants$76,258
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.0M · 112 accts
2023$1.8M · 121 accts
2022$1.6M · 136 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,137
Investment management$6,507
Total administrative$16,644
Employer contributions to the Humanim plan · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Humanim's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$10,137
CBIZ INVESTMENT ADVISORY SERVICES · Investment advisory (plan)$6,507

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$16,644 · 0.87%
2023$14,977 · 0.87%
2022$23,591 · 1.22%
Same employer
Similar plansHealth Care & Social Assistance · Maryland
Columbia Academy Lc MD$2.1M · 1.08%
Tuerk House, Inc. MD$2.0M · 0.90%

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Source: U.S. Department of Labor, Form 5500 series, EIN 520962588 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.