Plan Ledger DOL Form 5500 · updated monthly

Nmp Engineering Consultants, Inc.401(k)

NMP ENGINEERING CONSULTANTS, INC. 401(K) RETIREMENT PLAN · HUNT VALLEY, MD · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Nmp Engineering Consultants, Inc. reported $47,415 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $7,405 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 3 years on file its reported administrative ratio has held roughly steady near 0.261%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 662nd-largest of 1,671 plans among Maryland employers on file, and the 5,665th of 11,654 in professional & technical services. In 2024, the employer put in $1.24 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$19,424,468
Participants with balances151
Active participants101
Employer contributions$747,867
Employee contributions$603,704
Employer contribution per active participant$7,405
Average account balance$128,639
Benefits paid to participants$1,311,878
Plan auditUnmodified (clean) audit opinion
AuditorKATZ, ABOSCH, ET. AL. , P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$19.4M · 151 accts · $748K emplr
2023$16.9M · 173 accts · $806K emplr
2022$13.1M · 162 accts · $785K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,415
Total administrative$47,415
The Nmp Engineering Consultants, Inc. 401(k) match · 2024
Employer contribution per active participant$7,405
Median for plans this size$2,416
2024$7,405 per active participant
2023$6,013 per active participant
2022$7,548 per active participant

Nmp Engineering Consultants, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20243
KESTRA FINANCIAL INC · Investment advisory (plan)$41,973
THE RETIREMENT ADVANTAGE INC · Contract administrator$5,875
CAPITAL GROUP RETIREMENT PLAN SERVI$2,068

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$47,415 · 0.26%
2023$35,716 · 0.24%
2022$35,687 · 0.26%
Same employer
Similar plansProfessional & Technical Services · Maryland
George, Miles & Buhr LLC MD$19.8M · 0.29%
Rbr-Technologies, Inc. MD$19.6M · 0.50%
Bioqual, Inc. MD$19.5M · 0.03%
Ata Aerospace, LLC. MD$19.4M · 0.06%
Maxcyte, Inc. MD$19.2M · 0.22%
Reli Group, Inc. MD$19.2M · 0.66%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 542063945 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.