Plan Ledger DOL Form 5500 · updated monthly

The Arc of Howard County, Inc.401(k)

403(B) THRIFT PLAN FOR EMPLOYEES OF THE ARC OF HOWARD COUNTY, INC. · ELLICOTT CITY, MD · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

The Arc of Howard County, Inc. reported $3,463 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,314 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 0.01% to 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Maryland (938th of 1,671), and the 1,553rd of 3,341 in other services. In 2024, employees put in $1.43 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,217,932
Participants with balances277
Active participants302
Employer contributions$396,867
Employee contributions$566,180
Employer contribution per active participant$1,314
Average account balance$40,498
Benefits paid to participants$1,125,140
Plan auditUnmodified (clean) audit opinion
AuditorMULLEN SONDBERG WIMBISH & STONE
Plan history3
Yearassets · accounts · employer contribution
2024$11.2M · 277 accts · $397K emplr
2023$10.2M · 335 accts · $386K emplr
2022$9.1M · 307 accts · $346K emplr
The The Arc of Howard County, Inc. 401(k) match · 2024
Employer contribution per active participant$1,314
Median for plans this size$2,416
2024$1,314 per active participant
2023$1,194 per active participant
2022$1,166 per active participant

The Arc of Howard County, Inc.'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 · 20241
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$3,463

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$3,463 · 0.03%
2023$3,270 · 0.03%
2022$1,265 · 0.01%
Same employer
Similar plansOther Services · Maryland
American Youth Hostels Inc. MD$12.5M · 0.02%
Woodmont Country Club MD$10.0M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 520884366 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.