Plan Ledger DOL Form 5500 · updated monthly

Transitions Healthcare, LLC401(k)

TRANSITIONS HEALTHCARE, LLC 401(K) PLAN · WESTMINSTER, MD · plan year 2024

Reported admin expense ratio · 2024
0.99%

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

Transitions Healthcare, LLC reported $12,188 in plan administrative expenses for 2024: 0.99% of average plan assets, higher than ~75% of peers. Employer contributions averaged $0 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 0.29% to 0.99%. 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 (1,571st of 1,671), and 10,560th of 11,911 in health care & social assistance. active participation has grown from 159 to 286 since 2022.

Plan summary
Net assets, end of year$1,391,197
Participants with balances49
Active participants286
Employer contributions$0
Employee contributions$120,768
Employer contribution per active participant$0
Average account balance$28,392
Benefits paid to participants$77,164
Plan auditUnmodified (clean) audit opinion
AuditorSOLOMON AND NISLOW, P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$1.4M · 49 accts
2023$1.1M · 34 accts
2022$849K · 34 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,432
Investment management$8,756
Total administrative$12,188
The Transitions Healthcare, LLC 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Transitions Healthcare, LLC's 2024 employer contribution ran below the $1,313 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 · 20242
STEPHENS INC · Investment advisory (plan)$8,756

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$12,188 · 0.99%
2023$4,402 · 0.46%
2022$2,524 · 0.29%
Same employer
Similar plansHealth Care & Social Assistance · Maryland
Hope Health Systems Inc. MD$1.4M · 0.94%
Interfaith Works, Inc. MD$1.3M · 0.76%
Optimal Health Care, Inc. MD$1.2M · 1.64%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 264551407 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.