Plan Ledger DOL Form 5500 · updated monthly

Johnson, Mirmiran & Thompson, Inc.401(k) + ESOP (KSOP)

JOHNSON, MIRMIRAN & THOMPSON ESOP AND 401(K) RETIREMENT SAVINGS PLAN AND TRUST · HUNT VALLEY, MD · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Johnson, Mirmiran & Thompson, Inc. reported $310,870 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $6,613 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 0.069%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 39th-largest of 1,671 plans among Maryland employers on file, and the 353rd of 11,654 in professional & technical services. In 2024, employees put in $1.35 for every $1.00 the employer contributed; active participation has grown from 1,950 to 2,359 since 2022.

Plan summary
Net assets, end of year$493,305,298
Participants with balances2,936
Active participants2,359
Employer contributions$15,600,000
Employee contributions$21,027,718
Employer contribution per active participant$6,613
Average account balance$168,020
Benefits paid to participants$26,764,406
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$493.3M · 2,936 accts · $15.6M emplr
2023$406.4M · 3,016 accts · $11.8M emplr
2022$338.8M · 2,726 accts · $7.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$231,133
Investment management$79,737
Total administrative$310,870
The Johnson, Mirmiran & Thompson, Inc. 401(k) match · 2024
Employer contribution per active participant$6,613
Median for plans this size$4,294
2024$6,613 per active participant
2023$5,274 per active participant
2022$3,590 per active participant

Johnson, Mirmiran & Thompson, Inc.'s 2024 employer contribution ran above the $4,294 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$230,649
ONEDIGITAL INVESTMENT ADVISORS · Investment advisory (plan)$79,737

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$310,870 · 0.07%
2023$273,753 · 0.07%
2022$238,858 · 0.07%
Same employer
Similar plansProfessional & Technical Services · Maryland
Fti Consulting, Inc. MD$1.2B · 0.05%
Venable LLP MD$765.8M · 0.06%
Westat, Inc. MD$757.0M
Spirent Communications, Inc. MD$449.7M · 0.03%
Kci Technologies, Inc. MD$390.0M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 520963531 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.