Plan Ledger DOL Form 5500 · updated monthly

Maryland Care Management, Inc.401(k)

MARYLAND CARE MANAGEMENT, INC. 401(K) PROFIT SHARING PLAN · LINTHICUM HEIGHTS, MD · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Maryland Care Management, Inc. reported $5,930 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,009 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 has held roughly steady near 0.076%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Maryland (1,056th of 1,671), and 6,181st of 11,911 in health care & social assistance. In 2024, employees put in $2.17 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,666,164
Participants with balances155
Active participants181
Employer contributions$544,594
Employee contributions$1,183,791
Employer contribution per active participant$3,009
Average account balance$55,911
Benefits paid to participants$1,206,062
Plan auditUnmodified (clean) audit opinion
AuditorALBRIGHT, CRUMBACKER, MOUL & ITELL
Plan history2
Yearassets · accounts · employer contribution
2024$8.7M · 155 accts · $545K emplr
2023$6.8M · 138 accts · $486K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,430
Investment management$2,500
Total administrative$5,930
The Maryland Care Management, Inc. 401(k) match · 2024
Employer contribution per active participant$3,009
Median for plans this size$1,313
2024$3,009 per active participant
2023$3,179 per active participant

Maryland Care Management, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20241
T. ROWE PRICE · Loan processing$3,430

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

Administrative cost history2
2024$5,930 · 0.08%
2023$4,255 · 0.08%
Same employer
Similar plansHealth Care & Social Assistance · Maryland
Delfi Diagnostics, Inc. MD$8.8M · 0.38%
Maryland Medicine, P.A. MD$8.7M · 0.12%
Compass, Inc. MD$8.5M · 0.04%
Way Station, Inc. MD$8.5M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 813468583 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.