Plan Ledger DOL Form 5500 · updated monthly

Samcart401(k)

SAMCART 401(K) PLAN · FULTON, MD · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Samcart reported $4,569 in plan administrative expenses for 2024: 0.15% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 has held roughly steady near 0.146%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Maryland (1,402nd of 1,671), and 10,386th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$3,413,028
Participants with balances100
Active participants59
Employer contributions$0
Employee contributions$708,210
Employer contribution per active participant$0
Average account balance$34,130
Benefits paid to participants$606,137
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$3.4M · 100 accts
2023$2.8M · 151 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,048
Investment management$2,521
Total administrative$4,569
The Samcart 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Samcart's 2024 employer contribution ran below the $1,313 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.

Administrative cost history2
2024$4,569 · 0.15%
2023$3,483 · 0.15%
Similar plansProfessional & Technical Services · Maryland
Strativia, LLC MD$3.6M · 1.50%
Builders Design, LLC MD$3.3M · 0.46%
Telnet, Inc. MD$3.2M · 0.50%
Ciconix, LLC MD$3.1M · 1.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 471745935 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.