Plan Ledger DOL Form 5500 · updated monthly

Medsource Community Services, Inc.401(k)

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF MEDSOURCE COMMUNITY SERVICES, INC. · HAGERSTOWN, MD · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Medsource Community Services, Inc. reported $1,221 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $552 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 0.07% to 0.03%. 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 (1,337th of 1,671), and 8,351st of 11,911 in health care & social assistance. In 2024, employees put in $5.89 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,285,610
Participants with balances130
Active participants125
Employer contributions$69,000
Employee contributions$406,095
Employer contribution per active participant$552
Average account balance$32,966
Benefits paid to participants$317,035
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.3M · 130 accts · $69K emplr
2023$3.7M · 186 accts · $66K emplr
2022$3.2M · 175 accts · $65K emplr
The Medsource Community Services, Inc. 401(k) match · 2024
Employer contribution per active participant$552
Median for plans this size$1,313
2024$552 per active participant
2023$539 per active participant
2022$558 per active participant

Medsource Community Services, Inc.'s 2024 employer contribution ran below the $1,313 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
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$1,937

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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Administrative cost history3
2024$1,221 · 0.03%
2023$1,238 · 0.04%
2022$1,984 · 0.07%
Similar plansHealth Care & Social Assistance · Maryland
Thc MD$4.3M · 1.93%
Precision Orthopedics MD$4.2M · 0.04%
Mindoula Health Inc MD$4.2M · 0.51%
Homecare Maryland, LLC MD$4.0M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521479917 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.