Plan Ledger DOL Form 5500 · updated monthly

Roland Park Place403(b)

ROLAND PARK PLACE RETIREMENT PLAN · BALTIMORE, MD · plan year 2024

Reported admin expense ratio · 2024
0.73%

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

Roland Park Place reported $53,263 in plan administrative expenses for 2024: 0.73% of average plan assets, above the peer median. Employer contributions averaged $1,186 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 0.62% to 0.73%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Maryland (1,111th of 1,671), and 6,603rd of 11,911 in health care & social assistance. In 2024, employees put in $1.70 for every $1.00 the employer contributed; active participation has shrunk from 222 to 190 since 2022.

Plan summary
Net assets, end of year$7,662,245
Participants with balances251
Active participants190
Employer contributions$225,361
Employee contributions$383,295
Employer contribution per active participant$1,186
Average account balance$30,527
Benefits paid to participants$678,339
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.7M · 251 accts · $225K emplr
2023$7.0M · 312 accts · $215K emplr
2022$6.7M · 254 accts · $208K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,263
Total administrative$53,263
The Roland Park Place 401(k) match · 2024
Employer contribution per active participant$1,186
Median for plans this size$1,313
2024$1,186 per active participant
2023$988 per active participant
2022$939 per active participant

Roland Park Place's 2024 employer contribution ran below the $1,313 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 · 20245
EMPOWER$41,886
USI CONSULTING GROUP · Contract administrator$3,955
EMPOWER ADVISORY GROUP, LLC · Investment management$1,581
USI SECURITIES, INC.indirect comp
METLIFE INSURANCE COMPANYindirect 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$53,263 · 0.73%
2023$39,844 · 0.59%
2022$42,849 · 0.62%
Same employer
Similar plansHealth Care & Social Assistance · Maryland
Mnr Industries, LLC MD$7.8M · 0.61%
Maryland Food Bank, Inc. MD$7.0M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521197548 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.