Plan Ledger DOL Form 5500 · updated monthly

Maryland Medicine, P.A.Money purchase plan

UNIV OF MD FACULTY PHYSICIANS MPP PLAN · BALTIMORE, MD · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Maryland Medicine, P.A. reported $9,105 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,499 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 0.19% to 0.12%. 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 (1,053rd of 1,671), and 6,160th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$8,708,959
Participants with balances196
Active participants169
Employer contributions$1,267,332
Employee contributions—
Employer contribution per active participant$7,499
Average account balance$44,433
Benefits paid to participants$178,829
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.7M · 196 accts · $1.3M emplr
2023$6.8M · 187 accts · $983K emplr
2022$4.7M · 175 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,105
Total administrative$9,105
Employer contributions to the Maryland Medicine, P.A. plan · 2024
Employer contribution per active participant$7,499
Median for plans this size$1,313
2024$7,499 per active participant
2023$5,956 per active participant
2022$6,593 per active participant

Maryland Medicine, P.A.'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

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$9,105 · 0.12%
2023$8,265 · 0.14%
2022$7,687 · 0.19%
Similar plansHealth Care & Social Assistance · Maryland
Delfi Diagnostics, Inc. MD$8.8M · 0.38%
Compass, Inc. MD$8.5M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521908496 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.