Plan Ledger DOL Form 5500 · updated monthly

Kolmac Acquisition, LLC401(k)

CONCERTED CARE GROUP 401(K) PLAN · BURTONSVILLE, MD · plan year 2023

Reported admin expense ratio · 2023
0.80%

Kolmac Acquisition, LLC reported $20,746 in plan administrative expenses for 2023: 0.80% of average plan assets, above the peer median. 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 1.39% to 0.06%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Maryland (1,449th of 1,671), and 9,318th of 11,911 in health care & social assistance. active participation has shrunk from 208 to 181 since 2022.

Plan summary
Net assets, end of year$2,913,615
Participants with balances125
Active participants181
Employer contributions—
Employee contributions$338,962
Employer contribution per active participant—
Average account balance$23,309
Benefits paid to participants$203,941
Plan auditUnmodified (clean) audit opinion
AuditorGROSS MENDELSOHN & ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$2.8M · 151 accts · $4K emplr
2023$2.9M · 125 accts
2022$2.3M · 160 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$12,444
Total administrative$20,746
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 · 20232
ASCENSUS LLC · Recordkeeping$12,444
GREENSPRING ADVISORS LLC$5,973

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 history3
2024$1,690 · 0.06%
2023$20,746 · 0.80%
2022$17,423 · 1.39%
Similar plansHealth Care & Social Assistance · Maryland
Magnificus Corporation MD$3.1M · 0.69%
Daljaco Incorporated MD$3.0M · 1.43%
Bright Eyes Employees LLC MD$2.9M · 0.85%
Chesapeake Center, Inc. MD$2.9M · 0.88%
Behavioral Framework, LLC MD$2.9M · 1.64%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 831409744 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.