Plan Ledger DOL Form 5500 · updated monthly

The Ravens Group, Inc.401(k)

THE RAVENS GROUP, INC. 401(K) PLAN · ANNAPOLIS, MD · plan year 2022

Reported admin expense ratio · 2022
1.36%

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

The Ravens Group, Inc. reported $61,146 in plan administrative expenses for 2022: 1.36% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,021 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Maryland (1,351st of 1,671), and 1,576th of 2,534 in administrative & support services. In 2022, employees put in $1.59 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,055,466
Participants with balances72
Active participants45
Employer contributions$135,949
Employee contributions$215,675
Employer contribution per active participant$3,021
Average account balance$56,326
Benefits paid to participants$339,622
Plan auditUnmodified (clean) audit opinion
AuditorPENAN & SCOTT, P.C.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$39,804
Investment management$10,671
Professional / advisory$10,671
Total administrative$61,146
The The Ravens Group, Inc. 401(k) match · 2022
Employer contribution per active participant$3,021
Median for plans this size$1,114

The Ravens Group, Inc.'s 2022 employer contribution ran above the $1,114 median for plans its size, placing it in the top 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$61,146 · 1.36%
Similar plansAdministrative & Support Services · Maryland
Gci Residential Inc MD$4.6M · 0.17%
Security 1 Solutions LLC MD$3.7M · 1.32%
Inspection Experts, Inc. MD$3.4M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204053777 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.