Plan Ledger DOL Form 5500 · updated monthly

Positivepsyche Biz Corp401(k)

POSITIVEPSYCHE BIZ CORP 401K PLAN · BALTIMORE, MD · plan year 2022

Reported admin expense ratio · 2022
5.91%

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

Positivepsyche Biz Corp reported $30,440 in plan administrative expenses for 2022: 5.91% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,168 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Maryland (1,636th of 1,671), and 11,458th of 11,654 in professional & technical services. In 2022, the employer put in $2.03 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$412,511
Participants with balances52
Active participants90
Employer contributions$105,160
Employee contributions$51,693
Employer contribution per active participant$1,168
Average account balance$7,933
Benefits paid to participants$241,160
Plan auditUnmodified (clean) audit opinion
AuditorHANDWERGERCARDEGNAFUNKHOUSERLURMAN
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$8,741
Investment management$3,849
Professional / advisory$812
Total administrative$30,440
The Positivepsyche Biz Corp 401(k) match · 2022
Employer contribution per active participant$1,168
Median for plans this size$331

Positivepsyche Biz Corp's 2022 employer contribution ran above the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$30,440 · 5.91%
Similar plansProfessional & Technical Services · Maryland
Excite IT Partners, LLC MD$862K · 0.05%
Bill Ninja MD$171K · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364645905 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.