Plan Ledger DOL Form 5500 · updated monthly

Metropolitan Bath and Tile, Inc.401(k)

METROPOLITAN BATH AND TILE, INC. 401(K) PROFIT SHARING PLAN · UPPER MARLBORO, MD · plan year 2022

Reported admin expense ratio · 2022
0.33%

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

Metropolitan Bath and Tile, Inc. reported $15,014 in plan administrative expenses for 2022: 0.33% of average plan assets, below the peer median. Employer contributions averaged $359 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 construction employers. By assets it is among the smaller plans on file in Maryland (1,339th of 1,671), and 4,165th of 5,337 in construction. In 2022, employees put in $7.84 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,245,698
Participants with balances77
Active participants108
Employer contributions$38,761
Employee contributions$303,708
Employer contribution per active participant$359
Average account balance$55,139
Benefits paid to participants$188,339
Plan auditUnmodified (clean) audit opinion
AuditorBORMEL, GRICE & HUYETT, P.A.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$15,014
Total administrative$15,014
The Metropolitan Bath and Tile, Inc. 401(k) match · 2022
Employer contribution per active participant$359
Median for plans this size$1,114

Metropolitan Bath and Tile, 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$15,014 · 0.33%
Similar plansConstruction · Maryland
Smith Mechanical MD$4.3M · 0.95%
Lumina Solar, Inc. MD$4.3M · 0.99%
Ceco, Inc. MD$4.0M · 1.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521682150 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.