Maryland Food Bank, Inc.401(k)
MARYLAND FOOD BANK 401(K) RETIREMENT PLAN · BALTIMORE, MD · plan year 2024
Maryland Food Bank, Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $2,881,642 across 150 participant accounts, with employer contributions averaging $1,004 per active participant. See methodology for what Form 5500 does and doesn't capture.
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 (1,457th of 1,671), and 9,347th of 11,911 in health care & social assistance. In 2024, employees put in $1.10 for every $1.00 the employer contributed.
Maryland Food Bank, Inc.'s 2024 employer contribution ran below the $1,313 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.
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Source: U.S. Department of Labor, Form 5500 series, EIN 521125690 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.