Plan Ledger DOL Form 5500 · updated monthly

Powell Recovery Center401(k)

PRC 401(K) PLAN · BALTIMORE, MD · plan year 2022

Reported admin expense ratio · 2022
1.07%

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

Powell Recovery Center reported $4,294 in plan administrative expenses for 2022: 1.07% of average plan assets, above the peer median. Employer contributions averaged $548 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 health care & social assistance employers. By assets it is among the smaller plans on file in Maryland (1,632nd of 1,671), and 11,421st of 11,911 in health care & social assistance. In 2022, employees put in $1.76 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$440,716
Participants with balances31
Active participants154
Employer contributions$84,329
Employee contributions$148,518
Employer contribution per active participant$548
Average account balance$14,217
Benefits paid to participants$88,159
Plan auditUnmodified (clean) audit opinion
AuditorANDERSON, DAVIS & ASSOCIATES, CPA,
Administrative expenses, itemized · 2022
Investment management$2,845
Professional / advisory$1,449
Total administrative$4,294
The Powell Recovery Center 401(k) match · 2022
Employer contribution per active participant$548
Median for plans this size$331

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

Administrative cost history1
2022$4,294 · 1.07%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 521855663 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.