Plan Ledger DOL Form 5500 · updated monthly

Mid-Atlantic Nephrology Associates401(k)

MID-ATLANTIC NEPHROLOGY ASSOCIATES, P.A. 401K PROFIT SHARING PLAN · BALTIMORE, MD · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Mid-Atlantic Nephrology Associates reported $24,751 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $13,710 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 0.09% to 0.04%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 226th-largest of 1,671 plans among Maryland employers on file, and the 1,338th of 11,911 in health care & social assistance. In 2024, the employer put in $1.24 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$76,406,676
Participants with balances159
Active participants123
Employer contributions$1,686,321
Employee contributions$1,361,469
Employer contribution per active participant$13,710
Average account balance$480,545
Benefits paid to participants$1,099,710
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$76.4M · 159 accts · $1.7M emplr
2023$63.8M · 143 accts · $1.6M emplr
2022$50.9M · 141 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,022
Total administrative$24,751
The Mid-Atlantic Nephrology Associates 401(k) match · 2024
Employer contribution per active participant$13,710
Median for plans this size$3,635
2024$13,710 per active participant
2023$14,101 per active participant
2022$13,221 per active participant

Mid-Atlantic Nephrology Associates's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 · 20242
THE FINANCIAL CONSULATE, INC · Investment advisory (participants)$13,729
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$13,358

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$24,751 · 0.04%
2023$36,296 · 0.06%
2022$50,004 · 0.09%
Same employer
Similar plansHealth Care & Social Assistance · Maryland
Practice Dynamics Inc. MD$84.5M · 0.11%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 521218545 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.