Plan Ledger DOL Form 5500 · updated monthly

Smartlink, LLC401(k)

SMARTLINK, LLC 401(K) PLAN · ANNAPOLIS, MD · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Smartlink, LLC reported $10,188 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,450 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 3 years on file its reported administrative ratio has held roughly steady near 0.035%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 458th-largest of 1,671 plans among Maryland employers on file, and the 4,060th of 11,654 in professional & technical services. In 2024, employees put in $3.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$31,043,269
Participants with balances589
Active participants466
Employer contributions$675,698
Employee contributions$2,634,979
Employer contribution per active participant$1,450
Average account balance$52,705
Benefits paid to participants$3,539,311
Plan auditUnmodified (clean) audit opinion
AuditorREGAN SCHICKNER HARPER LLC
Plan history3
Yearassets · accounts · employer contribution
2024$31.0M · 589 accts · $676K emplr
2023$27.1M · 593 accts · $1.0M emplr
2022$21.4M · 682 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,188
Total administrative$10,188
The Smartlink, LLC 401(k) match · 2024
Employer contribution per active participant$1,450
Median for plans this size$2,416
2024$1,450 per active participant
2023$2,577 per active participant
2022$1,971 per active participant

Smartlink, LLC's 2024 employer contribution ran below the $2,416 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$10,301
OSAIC WEALTH INCindirect comp
TRIAD ADVISORS LLCindirect 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$10,188 · 0.04%
2023$9,369 · 0.04%
2022$8,050 · 0.04%
Same employer
Similar plansProfessional & Technical Services · Maryland
Cas Severn, Inc. MD$31.6M · 0.01%
Legal Aid Bureau, Inc. MD$29.7M · 0.27%
T-Rex Solutions, LLC MD$29.5M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522276831 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.