Plan Ledger DOL Form 5500 · updated monthly

Linwood Center, Inc401(k)

LINWOOD CENTER, INC. 401(K) PROFIT SHARING PLAN · ELLICOTT CITY, MD · plan year 2024

Reported admin expense ratio · 2024
0.61%

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

Linwood Center, Inc reported $21,660 in plan administrative expenses for 2024: 0.61% of average plan assets, above the peer median. Employer contributions averaged $596 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 1.34% to 0.61%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Maryland (1,379th of 1,671), and 2,647th of 3,091 in educational services. In 2024, employees put in $1.67 for every $1.00 the employer contributed; active participation has grown from 169 to 211 since 2022.

Plan summary
Net assets, end of year$3,689,067
Participants with balances139
Active participants211
Employer contributions$125,798
Employee contributions$210,497
Employer contribution per active participant$596
Average account balance$26,540
Benefits paid to participants$166,701
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$3.7M · 139 accts · $126K emplr
2023$3.4M · 134 accts · $249K emplr
2022$3.3M · 136 accts · $203K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,457
Investment management$8,203
Total administrative$21,660
The Linwood Center, Inc 401(k) match · 2024
Employer contribution per active participant$596
Median for plans this size$1,313
2024$596 per active participant
2023$1,193 per active participant
2022$1,202 per active participant

Linwood Center, Inc's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. 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
ADMIN. GROUP, LLC DBA TAG RESOURCES · Recordkeeping · Loan processing$8,600
TRANSAMERICA FINANCIAL LIFE INS · Recordkeeping · Loan processing$4,858
RAYMOND JAMES FINANCIAL SERVICES · Investment advisory (plan)$8,203

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

Recordkeeper by year2
2024ADMIN. GROUP, LLC DBA TAG RESOURCES, Transamerica
2023ADMIN. GROUP, LLC DBA TAG RESOURCES, Transamerica

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Administrative cost history3
2024$21,660 · 0.61%
2023$40,395 · 1.22%
2022$39,233 · 1.34%
Same employer
Similar plansEducational Services · Maryland
Kra Corporation MD$4.6M · 1.41%
Identity, Inc. MD$4.4M · 0.63%
Casa, Inc. MD$3.9M · 1.32%
Shamit Management Inc. MD$3.2M · 0.86%
Gerstell Academy, Inc MD$2.9M · 0.25%
Celebree Learning Centers MD$2.7M · 0.81%

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Source: U.S. Department of Labor, Form 5500 series, EIN 520659515 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.