Plan Ledger DOL Form 5500 · updated monthly

Merritt Management Corporation401(k)

MERRITT MANAGEMENT CORPORATION 401(K) PLAN · BALTIMORE, MD · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Merritt Management Corporation reported $1,660 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,895 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 rose from 0.003% to 0.004%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 350th-largest of 1,671 plans among Maryland employers on file, and the 309th of 2,096 in real estate & leasing. In 2024, employees put in $3.04 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$45,998,191
Participants with balances216
Active participants184
Employer contributions$532,667
Employee contributions$1,618,200
Employer contribution per active participant$2,895
Average account balance$212,955
Benefits paid to participants$3,607,148
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$46.0M · 216 accts · $533K emplr
2023$41.9M · 220 accts · $523K emplr
2022$35.8M · 214 accts · $478K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,660
Total administrative$1,660
The Merritt Management Corporation 401(k) match · 2024
Employer contribution per active participant$2,895
Median for plans this size$2,416
2024$2,895 per active participant
2023$2,750 per active participant
2022$2,515 per active participant

Merritt Management Corporation'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

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$1,660 · 0.00%
2023$1,315 · 0.00%
2022$1,360 · 0.00%
Same employer
Similar plansReal Estate & Leasing · Maryland
Federal Realty Op LP MD$76.9M · 0.24%
Klnb LLC MD$65.0M · 0.08%
St. John Properties, Inc. MD$54.3M · 0.26%
Peri Formwork Systems, Inc. MD$49.6M · 0.17%
Bright Mls, Inc. MD$39.6M · 0.32%
Lerner Corporation MD$37.8M · 0.38%
Atlantic Tractor, LLC MD$28.9M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522066194 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.