Plan Ledger DOL Form 5500 · updated monthly

Paradyme Management, Inc.401(k)

PARADYME MANAGEMENT, INC. RETIREMENT PLAN · GREENBELT, MD · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Paradyme Management, Inc. reported $61,409 in plan administrative expenses for 2024: 0.52% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,894 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 fell from 0.65% to 0.52%. 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 among the smaller plans on file in Maryland (850th of 1,671), and 7,057th of 11,654 in professional & technical services. In 2024, employees put in $2.25 for every $1.00 the employer contributed; active participation has grown from 146 to 183 since 2021.

Plan summary
Net assets, end of year$13,147,400
Participants with balances197
Active participants183
Employer contributions$529,575
Employee contributions$1,190,267
Employer contribution per active participant$2,894
Average account balance$66,738
Benefits paid to participants$1,220,673
Plan auditUnmodified (clean) audit opinion
AuditorARONSON, LLC
Plan history4
Yearassets · accounts · employer contribution
2024$13.1M · 197 accts · $530K emplr
2023$10.6M · 161 accts · $449K emplr
2022$8.5M · 161 accts · $508K emplr
2021$9.6M · 168 accts · $589K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$61,409
Total administrative$61,409
The Paradyme Management, Inc. 401(k) match · 2024
Employer contribution per active participant$2,894
Median for plans this size$2,416
2024$2,894 per active participant
2023$3,375 per active participant
2022$3,818 per active participant
2021$4,036 per active participant

Paradyme Management, Inc.'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 · 20244
TRANSAMERICA LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$55,734
UNIGLOBAL PENSION PLANNING, INC. · Recordkeeping · Loan processing$3,225
MESIROW FINANCIAL, INC. · Investment advisory (plan)$2,451
MML INVESTORS SERVICES, LLC · Insurance broker · Insurance servicesindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Transamerica, UNIGLOBAL PENSION PLANNING, INC.
2023Transamerica, UNIGLOBAL PENSION PLANNING, INC.

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Administrative cost history4
2024$61,409 · 0.52%
2023$48,091 · 0.50%
2022$46,659 · 0.51%
2021$59,052 · 0.65%
Same employer
Similar plansProfessional & Technical Services · Maryland
Allen & Shariff Corporation MD$13.5M · 0.24%
August Schell Enterprises MD$13.3M · 0.53%
Quotientsub, LLC MD$13.1M · 0.48%
Vantage Systems Inc MD$13.0M · 0.32%
Heitech Services, Inc. MD$13.0M · 0.60%
Imre, LLC MD$12.9M · 0.61%
Dm Group, Inc. MD$12.9M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 134271306 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.