Plan Ledger DOL Form 5500 · updated monthly

Maryland Academy of Sciences403(b)

MARYLAND ACADEMY OF SCIENCES DC RETIREMENT PLAN · BALTIMORE, MD · plan year 2023

Reported admin expense ratio · 2023
0.12%

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

Maryland Academy of Sciences reported $13,017 in plan administrative expenses for 2023: 0.12% of average plan assets, below the peer median. Employer contributions averaged $1,276 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 rose from 0.09% to 0.21%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in Maryland (924th of 1,671), and the 627th of 1,311 in arts, entertainment & recreation. In 2023, employees put in $1.39 for every $1.00 the employer contributed; active participation has grown from 64 to 74 since 2022.

Plan summary
Net assets, end of year$11,503,584
Participants with balances167
Active participants74
Employer contributions$94,438
Employee contributions$131,208
Employer contribution per active participant$1,276
Average account balance$68,884
Benefits paid to participants$1,015,943
Plan auditDisclaimer of opinion
AuditorGROSS, MENDELSOHN & ASSOCIATES, P.A
Plan history3
Yearassets · accounts · employer contribution
2024$11.1M · 155 accts · $103K emplr
2023$11.5M · 167 accts · $94K emplr
2022$10.6M · 166 accts · $86K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$2,993
Investment management$10,024
Total administrative$13,017
Employer contributions to the Maryland Academy of Sciences plan · 2023
Employer contribution per active participant$1,276
Median for plans this size$2,440
2024$2,640 per active participant
2023$1,276 per active participant
2022$1,340 per active participant

Maryland Academy of Sciences's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
TIAA · Recordkeeping · Pension consulting$2,993
MML INVESTOR SERVICES, LLC · Investment advisory (plan)$10,024

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

Recordkeeper by year2
2024TIAA
2023TIAA

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$23,288 · 0.21%
2023$13,017 · 0.12%
2022$10,391 · 0.09%
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Baltimore Country Club MD$9.4M · 0.29%
Crj, Inc. MD$9.2M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 520668166 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.