University of Maryland Medical System Corporation403(b)
UNIVERSITY OF MARYLAND CHARLES REGIONAL MEDICAL CENTER RETIREMENT SAVINGS PLAN · LINTHICUM, MD · plan year 2023
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
University of Maryland Medical System Corporation reported $630 in plan administrative expenses for 2023: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $780 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 0.82% to 0.10%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Maryland (897th of 1,671), and the 5,151st of 11,911 in health care & social assistance. In 2023, employees put in $8.05 for every $1.00 the employer contributed; active participation has shrunk from 157 to 118 since 2022.
University of Maryland Medical System Corporation's 2023 employer contribution ran below the $2,440 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.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
This plan has changed recordkeepers within these filings. If you left University of Maryland Medical System Corporation before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).
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Source: U.S. Department of Labor, Form 5500 series, EIN 520445374 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.