Plan Ledger DOL Form 5500 · updated monthly

Independent Dialysis Foundation, Inc.Profit-sharing plan

INDEPENDENT DIALYSIS FOUNDATION, INC. RETIREMENT PLAN AND TRUST · BALTIMORE, MD · plan year 2024

Reported admin expense ratio · 2024
0.71%

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

Independent Dialysis Foundation, Inc. reported $55,737 in plan administrative expenses for 2024: 0.71% of average plan assets, above the peer median. Employer contributions averaged $1,673 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 0.85% to 0.71%. 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 (1,081st of 1,671), and 6,375th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$8,181,364
Participants with balances132
Active participants101
Employer contributions$168,944
Employee contributions—
Employer contribution per active participant$1,673
Average account balance$61,980
Benefits paid to participants$410,732
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.2M · 132 accts · $169K emplr
2023$7.6M · 134 accts · $169K emplr
2022$6.2M · 124 accts · $161K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,826
Investment management$35,023
Audit (IQPA)$12,600
Total administrative$55,737
Employer contributions to the Independent Dialysis Foundation, Inc. plan · 2024
Employer contribution per active participant$1,673
Median for plans this size$1,313
2024$1,673 per active participant
2023$1,613 per active participant
2022$1,645 per active participant

Independent Dialysis Foundation, Inc.'s 2024 employer contribution ran above 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 · 20243
MORGAN STANLEY · Investment advisory (plan)$35,023
CLIFTON LARSON ALLEN LLP · Accounting / audit$12,600
AMERICAN RETIREMENT PLAN SERVICES · Contract administrator$7,906

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$55,737 · 0.71%
2023$50,562 · 0.73%
2022$49,803 · 0.85%
Similar plansHealth Care & Social Assistance · Maryland
Way Station, Inc. MD$8.5M · 0.12%
Cardiac Associates, P.C. MD$8.0M · 0.62%
Everymind, Inc. MD$7.9M · 0.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521156719 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.