Plan Ledger DOL Form 5500 · updated monthly

Miles & Stockbridge P.C.401(k)

MILES & STOCKBRIDGE RETIREMENT PLAN · BALTIMORE, MD · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Miles & Stockbridge P.C. reported $83,380 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,044 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 0.052% to 0.045%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 90th-largest of 1,671 plans among Maryland employers on file, and the 817th of 11,654 in professional & technical services. In 2024, employees put in $1.42 for every $1.00 the employer contributed; active participation has grown from 332 to 385 since 2022.

Plan summary
Net assets, end of year$195,394,362
Participants with balances449
Active participants385
Employer contributions$3,097,043
Employee contributions$4,402,927
Employer contribution per active participant$8,044
Average account balance$435,177
Benefits paid to participants$12,451,495
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$195.4M · 449 accts · $3.1M emplr
2023$171.4M · 472 accts · $2.9M emplr
2022$142.7M · 477 accts · $2.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,195
Investment management$40,185
Total administrative$83,380
The Miles & Stockbridge P.C. 401(k) match · 2024
Employer contribution per active participant$8,044
Median for plans this size$3,635
2024$8,044 per active participant
2023$8,832 per active participant
2022$7,679 per active participant

Miles & Stockbridge P.C.'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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$38,198
LOCKTON INVESTMENT ADVISORS, LLC · Consulting · Investment advisory (plan)$30,179
CREATIVE PLANNING · Investment advisory (plan)$9,997
BLUE RIDGE ESOP ASSOCIAT · Contract administrator$4,997

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$83,380 · 0.05%
2023$93,486 · 0.06%
2022$88,291 · 0.05%
Same employer
Similar plansProfessional & Technical Services · Maryland
Callisonrtkl Inc. MD$207.3M · 0.19%
Digital Management, LLC MD$196.5M · 0.18%
The Emmes Company, LLC MD$195.9M · 0.06%
Gp Strategies Corporation MD$185.5M · 0.21%
Cystic Fibrosis Foundation MD$175.4M · 0.07%
Smartronix, LLC MD$169.8M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521852131 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.