Plan Ledger DOL Form 5500 · updated monthly

The Maryland Management Company401(k)

MARYLAND MANAGEMENT COMPANY 401(K) PROFIT SHARING PLAN · HANOVER, MD · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

The Maryland Management Company reported $44,287 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $639 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 fell from 0.38% to 0.28%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 743rd-largest of 1,671 plans among Maryland employers on file, and the 786th of 2,096 in real estate & leasing. In 2024, employees put in $5.57 for every $1.00 the employer contributed; active participation has grown from 177 to 198 since 2022.

Plan summary
Net assets, end of year$16,571,749
Participants with balances142
Active participants198
Employer contributions$126,602
Employee contributions$704,916
Employer contribution per active participant$639
Average account balance$116,702
Benefits paid to participants$1,865,833
Plan auditUnmodified (clean) audit opinion
AuditorGRANDIZIO, WILKINS, LITTLE AND MATT
Plan history3
Yearassets · accounts · employer contribution
2024$16.6M · 142 accts · $127K emplr
2023$15.1M · 158 accts · $113K emplr
2022$12.5M · 155 accts · $105K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,287
Total administrative$44,287
The The Maryland Management Company 401(k) match · 2024
Employer contribution per active participant$639
Median for plans this size$2,416
2024$639 per active participant
2023$573 per active participant
2022$591 per active participant

The Maryland Management Company'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 · 20244
POLLARD & ASSOCIATES · Contract administrator$5,398
LPL FINANCIALindirect comp
MMLISindirect 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$44,287 · 0.28%
2023$31,462 · 0.23%
2022$53,767 · 0.38%
Same employer
Similar plansReal Estate & Leasing · Maryland
The Time Group, Inc. MD$18.6M · 0.21%
Apartment Services, Inc. MD$18.2M · 0.42%
Grady Management, Inc. MD$18.1M · 0.43%
Hendersen-Webb Inc MD$17.1M · 0.12%
Polinger Company MD$15.9M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 520577857 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.