Plan Ledger DOL Form 5500 · updated monthly

Merritt Club Management, Inc.401(k)

MERRITT CLUB MANAGEMENT 401(K) PROFIT SHARING PLAN AND TRUST · BALTIMORE, MD · plan year 2022

Reported admin expense ratio · 2022
0.51%

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

Merritt Club Management, Inc. reported $12,425 in plan administrative expenses for 2022: 0.51% of average plan assets, above the peer median. Employer contributions averaged $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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in Maryland (1,512th of 1,671), and 1,137th of 1,311 in arts, entertainment & recreation. In 2022, employees put in $9.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,161,279
Participants with balances91
Active participants148
Employer contributions$21,374
Employee contributions$201,742
Employer contribution per active participant$144
Average account balance$23,750
Benefits paid to participants$341,683
Plan auditUnmodified (clean) audit opinion
AuditorDEMBO JONES
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$12,425
Total administrative$12,425
The Merritt Club Management, Inc. 401(k) match · 2022
Employer contribution per active participant$144
Median for plans this size$1,114

Merritt Club Management, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$12,425 · 0.51%
Same employer
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US Lacrosse, Inc. MD$6.4M · 0.42%
Pf Growth Partners, LLC MD$4.1M · 1.16%
Coppermine Fieldhouse LLC MD$863K · 0.99%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522208662 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.