Plan Ledger DOL Form 5500 · updated monthly

Medisolv, Inc.401(k)

MEDISOLV RETIREMENT SAVINGS PLAN · COLUMBIA, MD · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Medisolv, Inc. reported $1,100 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,483 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 1 year on file its reported administrative ratio rose from 0.006% to 0.008%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 749th-largest of 1,671 plans among Maryland employers on file, and 6,240th of 11,654 in professional & technical services. In 2024, employees put in $3.97 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,497,915
Participants with balances137
Active participants146
Employer contributions$362,575
Employee contributions$1,438,204
Employer contribution per active participant$2,483
Average account balance$120,423
Benefits paid to participants$870,512
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$16.5M · 137 accts · $363K emplr
2023$11.9M · 125 accts · $359K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,100
Total administrative$1,100
The Medisolv, Inc. 401(k) match · 2024
Employer contribution per active participant$2,483
Median for plans this size$2,416
2024$2,483 per active participant
2023$2,661 per active participant

Medisolv, Inc.'s 2024 employer contribution ran above the $2,416 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.

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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,100

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

Administrative cost history2
2024$1,100 · 0.01%
2023$663 · 0.01%
Same employer
Similar plansProfessional & Technical Services · Maryland
Sparksoft Corporation MD$16.7M · 0.54%
Senseonics Incorporated MD$16.7M · 0.01%
Ains, Inc. MD$16.6M · 0.45%
Qed Systems, LLC MD$16.5M · 0.56%
Sixgen, Inc. MD$16.4M · 0.40%
The August Jackson Company MD$16.3M · 0.26%
Ctis Inc. MD$16.1M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522175642 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.