Plan Ledger DOL Form 5500 · updated monthly

Star Community, Inc.403(b)

STAR COMMUNITY, INC. · HAGERSTOWN, MD · plan year 2024

Reported admin expense ratio · 2024
1.07%

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

Star Community, Inc. reported $18,984 in plan administrative expenses for 2024: 1.07% of average plan assets, higher than ~75% of peers. Employer contributions averaged $914 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 0.17% to 1.07%. 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 (1,542nd of 1,671), and 10,197th of 11,911 in health care & social assistance. In 2024, the employer put in $1.04 for every $1.00 employees contributed themselves; active participation has grown from 108 to 123 since 2022.

Plan summary
Net assets, end of year$1,828,173
Participants with balances110
Active participants123
Employer contributions$112,384
Employee contributions$108,089
Employer contribution per active participant$914
Average account balance$16,620
Benefits paid to participants$213,527
Plan auditDisclaimer of opinion
AuditorALBRIGHT CRUMBACKER MOUL & ITELL
Plan history3
Yearassets · accounts · employer contribution
2024$1.8M · 110 accts · $112K emplr
2023$1.7M · 108 accts · $97K emplr
2022$1.6M · 113 accts · $96K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,984
Total administrative$18,984
Employer contributions to the Star Community, Inc. plan · 2024
Employer contribution per active participant$914
Median for plans this size$1,313
2024$914 per active participant
2023$844 per active participant
2022$885 per active participant

Star Community, Inc.'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.

Administrative cost history3
2024$18,984 · 1.07%
2023$4,227 · 0.25%
2022$3,132 · 0.17%
Similar plansHealth Care & Social Assistance · Maryland
Friends Aware, Inc. MD$1.7M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232372237 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.