Plan Ledger DOL Form 5500 · updated monthly

Leisure World of Maryland Corporation401(k)

LEISURE WORLD OF MARYLAND CORPORATION SALARY SAVINGS PLAN · SILVER SPRING, MD · plan year 2023

Reported admin expense ratio · 2023
0.38%

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

Leisure World of Maryland Corporation reported $55,781 in plan administrative expenses for 2023: 0.38% of average plan assets, above the peer median. Employer contributions averaged $1,556 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 0.36%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 802nd-largest of 1,671 plans among Maryland employers on file, and the 854th of 2,096 in real estate & leasing. In 2023, employees put in $2.06 for every $1.00 the employer contributed; active participation has grown from 152 to 186 since 2022.

Plan summary
Net assets, end of year$14,860,413
Participants with balances144
Active participants186
Employer contributions$289,441
Employee contributions$596,394
Employer contribution per active participant$1,556
Average account balance$103,197
Benefits paid to participants$2,797,305
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.9M · 145 accts · $400K emplr
2023$14.9M · 144 accts · $289K emplr
2022$14.7M · 145 accts · $287K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$23,243
Investment management$32,538
Total administrative$55,781
The Leisure World of Maryland Corporation 401(k) match · 2023
Employer contribution per active participant$1,556
Median for plans this size$2,440
2024$1,960 per active participant
2023$1,556 per active participant
2022$1,887 per active participant

Leisure World of Maryland Corporation's 2023 employer contribution ran below the $2,440 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 · 20233
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$28,475
EMPOWER ADVISORY GROUP, LLC · Investment management$4,063

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$53,100 · 0.36%
2023$55,781 · 0.38%
2022$59,865 · 0.35%
Same employer
Similar plansReal Estate & Leasing · Maryland
Hendersen-Webb Inc MD$17.1M · 0.12%
Polinger Company MD$15.9M · 0.46%
Field Payroll, LLC MD$12.5M · 1.15%
Halle Enterprises, Inc. MD$12.4M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521103492 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.