Plan Ledger DOL Form 5500 · updated monthly

The Fireline Corporation401(k)

THE FIRELINE CORPORATION RETIREMENT PLAN · BALTIMORE, MD · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

The Fireline Corporation reported $60,616 in plan administrative expenses for 2024: 0.60% of average plan assets, higher than ~75% of peers. Employer contributions averaged $676 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 0.60%. 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 among the smaller plans on file in Maryland (973rd of 1,671), and 7,856th of 11,654 in professional & technical services. In 2024, employees put in $6.74 for every $1.00 the employer contributed; active participation has grown from 198 to 222 since 2022.

Plan summary
Net assets, end of year$10,454,635
Participants with balances235
Active participants222
Employer contributions$150,000
Employee contributions$1,011,406
Employer contribution per active participant$676
Average account balance$44,488
Benefits paid to participants$2,150,596
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$0
2024$10.5M · 235 accts · $150K emplr
2023$9.9M · 223 accts · $100K emplr
2022$8.6M · 214 accts · $100K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,029
Investment management$25,587
Total administrative$60,616
The The Fireline Corporation 401(k) match · 2024
Employer contribution per active participant$676
Median for plans this size$2,416
2024$676 per active participant
2023$493 per active participant
2022$505 per active participant

The Fireline Corporation's 2024 employer contribution ran below the $2,416 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.

Service providers · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$30,167
WEALTH ENHANCEMENT ADVISORY SERVICE · Investment advisory (plan)$25,587
AMERICAN RETIREMENT PLAN SERVICES L · Contract administrator · Other services$4,862

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

Administrative cost history4
2025Not separately reported
2024$60,616 · 0.60%
2023$52,659 · 0.57%
2022$53,004 · 0.59%
Same employer
Similar plansProfessional & Technical Services · Maryland
Marketbridge Corp. MD$10.8M · 0.49%
Digicon Corporation MD$10.7M · 0.46%
Ctr Management, Inc MD$10.6M · 0.40%
Clearview Consulting, Inc. MD$10.5M · 0.54%
Heliocampus, Inc. MD$10.3M · 0.45%
Analygence, Inc. MD$10.1M · 0.88%

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Source: U.S. Department of Labor, Form 5500 series, EIN 520563938 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.