Plan Ledger DOL Form 5500 · updated monthly

Silver Diner Development, LLC401(k)

SILVER DINER DEVELOPMENT, LLC 401(K) RETIREMENT PLAN · ROCKVILLE, MD · plan year 2022

Reported admin expense ratio · 2022
0.38%

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

Silver Diner Development, LLC reported $9,678 in plan administrative expenses for 2022: 0.38% of average plan assets, below the peer median. Employer contributions averaged $112 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Maryland (1,494th of 1,671), and 1,324th of 2,240 in accommodation & food services. In 2022, employees put in $6.20 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,443,833
Participants with balances84
Active participants417
Employer contributions$46,700
Employee contributions$289,364
Employer contribution per active participant$112
Average account balance$29,093
Benefits paid to participants$31,873
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$9,678
Total administrative$9,678
The Silver Diner Development, LLC 401(k) match · 2022
Employer contribution per active participant$112
Median for plans this size$1,114

Silver Diner Development, LLC's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$9,678 · 0.38%
Same employer
Similar plansAccommodation & Food Services · Maryland
Fager's Island LTD. MD$2.2M · 0.27%
Mount Vernon Mansion, LLC MD$1.2M · 0.28%
Glory Days, Inc. MD$1.1M · 0.06%
Mne, LLC MD$870K · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541439417 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.