Plan Ledger DOL Form 5500 · updated monthly

Humphrey Management LLC401(k)

HUMPHREY MANAGEMENT LLC 401(K) PLAN · COLUMBIA, MD · plan year 2023

Reported admin expense ratio · 2023
0.62%

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

Humphrey Management LLC reported $59,906 in plan administrative expenses for 2023: 0.62% of average plan assets, above the peer median. Employer contributions averaged $1,486 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 1 year on file its reported administrative ratio rose from 0.62% to 0.67%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Maryland (972nd of 1,671), and 1,083rd of 2,096 in real estate & leasing. In 2023, employees put in $2.83 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,461,832
Participants with balances319
Active participants227
Employer contributions$337,359
Employee contributions$953,804
Employer contribution per active participant$1,486
Average account balance$32,796
Benefits paid to participants$1,260,690
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$9.3M · 295 accts · $303K emplr
2023$10.5M · 319 accts · $337K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$51,141
Investment management$4,785
Total administrative$59,906
The Humphrey Management LLC 401(k) match · 2023
Employer contribution per active participant$1,486
Median for plans this size$1,308
2024$1,721 per active participant
2023$1,486 per active participant

Humphrey Management LLC's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
ASCENSUS LLC · Loan processing · Recordkeeping$51,141

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history2
2024$65,661 · 0.67%
2023$59,906 · 0.62%
Same employer
Similar plansReal Estate & Leasing · Maryland
Field Payroll, LLC MD$12.5M · 1.15%
Halle Enterprises, Inc. MD$12.4M · 0.13%
Hai Management, Inc. MD$8.9M · 0.36%
Residential One, LLC MD$8.2M · 0.72%

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Source: U.S. Department of Labor, Form 5500 series, EIN 851633029 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.