Meals on Wheels of Central Maryland, Inc.401(k)
401(K) PROFIT SHARING PLAN OF MEALS ON WHEELS OF CENTRAL MARYLAND, INC. · BALTIMORE, MD · plan year 2024
Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works
Meals on Wheels of Central Maryland, Inc. reported $25,137 in plan administrative expenses for 2024: 0.76% of average plan assets, above the peer median. Employer contributions averaged $2,336 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 1.43% to 0.76%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Maryland (1,383rd of 1,671), and the 1,087th of 2,240 in accommodation & food services. In 2024, employees put in $1.06 for every $1.00 the employer contributed.
Meals on Wheels of Central Maryland, 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Looking for an account from a past job here? How to find an old 401(k).
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 526074723 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.