Plan Ledger DOL Form 5500 · updated monthly

McHale Landscape Design, Inc.401(k)

MCHALE LANDSCAPE DESIGN 401(K) PLAN · UPPER MARLBORO, MD · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

McHale Landscape Design, Inc. reported $300 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,144 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 0.004% to 0.002%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 787th-largest of 1,671 plans among Maryland employers on file, and the 2,442nd of 5,337 in construction. In 2024, employees put in $1.98 for every $1.00 the employer contributed; active participation has grown from 298 to 341 since 2022.

Plan summary
Net assets, end of year$15,217,650
Participants with balances117
Active participants341
Employer contributions$389,958
Employee contributions$770,717
Employer contribution per active participant$1,144
Average account balance$130,065
Benefits paid to participants$78,971
Plan auditUnmodified (clean) audit opinion
AuditorYOUNG, OAKES, BROWN AND COMPANY P.C
Plan history3
Yearassets · accounts · employer contribution
2024$15.2M · 117 accts · $390K emplr
2023$12.2M · 111 accts · $340K emplr
2022$9.5M · 103 accts · $318K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$300
Total administrative$300
The McHale Landscape Design, Inc. 401(k) match · 2024
Employer contribution per active participant$1,144
Median for plans this size$2,416
2024$1,144 per active participant
2023$1,060 per active participant
2022$1,066 per active participant

McHale Landscape Design, Inc.'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
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$300

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$300 · 0.00%
2023$450 · 0.00%
2022$450 · 0.00%
Same employer
Similar plansConstruction · Maryland
L.R. Willson & Sons, Inc. MD$15.7M · 0.46%
Hamel Builders, Inc. MD$15.5M · 0.13%
Window Nation LLC MD$15.5M · 0.99%
Chesapeake Systems, LLC MD$14.2M · 0.43%
Igp Management Corporation MD$13.8M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521558819 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.