Plan Ledger DOL Form 5500 · updated monthly

Price Modern, LLC401(k)

PRICE MODERN, LLC 401(K) RETIREMENT PLAN · BALTIMORE, MD · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

Price Modern, LLC reported $109,434 in plan administrative expenses for 2024: 0.56% of average plan assets, higher than ~75% of peers. Employer contributions averaged $63 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 0.48% to 0.56%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 638th-largest of 1,671 plans among Maryland employers on file, and the 1,412th of 5,215 in retail trade. In 2024, employees put in $96.14 for every $1.00 the employer contributed; active participation has grown from 208 to 229 since 2022.

Plan summary
Net assets, end of year$20,784,424
Participants with balances245
Active participants229
Employer contributions$14,492
Employee contributions$1,393,285
Employer contribution per active participant$63
Average account balance$84,834
Benefits paid to participants$1,636,517
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.8M · 245 accts · $14K emplr
2023$18.4M · 247 accts
2022$16.9M · 229 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,930
Investment management$76,504
Total administrative$109,434
The Price Modern, LLC 401(k) match · 2024
Employer contribution per active participant$63
Median for plans this size$2,416

Price Modern, LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20242
NWPS · Recordkeeping · Loan processing$32,930
MORGAN STANLEY WEALTH MGMT., LLC · Investment advisory (participants) · Investment advisory (plan)$76,504

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

Recordkeeper by year2
2024NWPS
2023NWPS

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Administrative cost history3
2024$109,434 · 0.56%
2023$71,013 · 0.40%
2022$86,082 · 0.48%
Same employer
Similar plansRetail Trade · Maryland
Fcn, Inc. MD$25.5M · 0.49%
A. C. and T. Co. Inc. MD$23.7M · 0.63%
Jones Junction Inc MD$23.3M · 0.44%
Mars Holdings, LLC MD$20.7M · 0.20%
Rrr, LLC MD$19.1M · 0.67%
Pella Mid-Atlantic Inc. MD$19.1M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 300028117 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.