Plan Ledger DOL Form 5500 · updated monthly

Maryland Primary Care Physicians LLC401(k)

MARYLAND PRIMARY CARE PHYSICIANS LLC 401(K) RETIREMENT PLAN · HANOVER, MD · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Maryland Primary Care Physicians LLC reported $63,031 in plan administrative expenses for 2024: 0.16% of average plan assets, below the peer median. Employer contributions averaged $659 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 0.18% to 0.16%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 370th-largest of 1,671 plans among Maryland employers on file, and the 2,146th of 11,911 in health care & social assistance. In 2024, employees put in $11.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$42,111,335
Participants with balances540
Active participants414
Employer contributions$272,875
Employee contributions$3,034,851
Employer contribution per active participant$659
Average account balance$77,984
Benefits paid to participants$3,808,775
Plan auditUnmodified (clean) audit opinion
AuditorGORFINE, SCHILLER AND GARDYN, P.A.
Plan history4
Yearassets · accounts · employer contribution
2025$0 · $141K emplr
2024$42.1M · 540 accts · $273K emplr
2023$37.7M · 522 accts · $246K emplr
2022$31.9M · 478 accts · $322K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$63,031
Total administrative$63,031
The Maryland Primary Care Physicians LLC 401(k) match · 2024
Employer contribution per active participant$659
Median for plans this size$2,416
2024$659 per active participant
2023$607 per active participant
2022$808 per active participant

Maryland Primary Care Physicians LLC's 2024 employer contribution ran below the $2,416 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 · 20241
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$63,031

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history4
2025Not separately reported
2024$63,031 · 0.16%
2023$59,772 · 0.17%
2022$65,238 · 0.18%
Same employer
Similar plansHealth Care & Social Assistance · Maryland
Service Coordination, Inc. MD$46.7M · 0.28%
Adfinitas Management, LLC MD$44.2M · 0.32%
World Relief MD$36.5M · 0.43%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 521923448 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.