Plan Ledger DOL Form 5500 · updated monthly

Polinger Company401(k)

POLINGER COMPANY 401(K) PLAN · BETHESDA, MD · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Polinger Company reported $72,839 in plan administrative expenses for 2024: 0.46% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,531 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 rose from 0.42% to 0.46%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 766th-largest of 1,671 plans among Maryland employers on file, and the 807th of 2,096 in real estate & leasing. In 2024, employees put in $3.64 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,949,780
Participants with balances113
Active participants89
Employer contributions$136,262
Employee contributions$495,713
Employer contribution per active participant$1,531
Average account balance$141,148
Benefits paid to participants$2,162,772
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.9M · 113 accts · $136K emplr
2023$15.6M · 117 accts · $135K emplr
2022$15.0M · 118 accts · $139K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$71,663
Investment management$1,176
Total administrative$72,839
The Polinger Company 401(k) match · 2024
Employer contribution per active participant$1,531
Median for plans this size$2,416
2024$1,531 per active participant
2023$1,441 per active participant
2022$1,438 per active participant

Polinger Company's 2024 employer contribution ran below 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 · 20243
EMPOWER ADVISORY GROUP, LLC · Investment management$1,176
KESTRA INVESTMENT SERVICES LLCindirect comp

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$72,839 · 0.46%
2023$64,061 · 0.42%
2022$67,304 · 0.42%
Same employer
Similar plansReal Estate & Leasing · Maryland
Grady Management, Inc. MD$18.1M · 0.43%
Hendersen-Webb Inc MD$17.1M · 0.12%
Field Payroll, LLC MD$12.5M · 1.15%
Halle Enterprises, Inc. MD$12.4M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 520624763 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.