Plan Ledger DOL Form 5500 · updated monthly

University of Maryland Faculty Physicians, Inc.Money purchase plan

UNIVERSITY OF MARYLAND FACULTY PHYSICIANS, INC. MONEY PURCHASE PENSION PLAN · BALTIMORE, MD · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

University of Maryland Faculty Physicians, Inc. reported $92,111 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $5,758 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 0.09% to 0.08%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 151st-largest of 1,671 plans among Maryland employers on file, and the 991st of 11,911 in health care & social assistance. active participation has grown from 1,157 to 1,333 since 2022.

Plan summary
Net assets, end of year$114,234,175
Participants with balances1,782
Active participants1,333
Employer contributions$7,675,763
Employee contributions—
Employer contribution per active participant$5,758
Average account balance$64,104
Benefits paid to participants$10,813,213
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$114.2M · 1,782 accts · $7.7M emplr
2023$106.1M · 1,404 accts · $6.6M emplr
2022$93.3M · 1,552 accts · $6.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$91,361
Total administrative$92,111
Employer contributions to the University of Maryland Faculty Physicians, Inc. plan · 2024
Employer contribution per active participant$5,758
Median for plans this size$3,635
2024$5,758 per active participant
2023$5,207 per active participant
2022$5,357 per active participant

University of Maryland Faculty Physicians, Inc.'s 2024 employer contribution ran above the $3,635 median for plans its size. 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 · 20241

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$92,111 · 0.08%
2023$82,984 · 0.08%
2022$78,108 · 0.09%
All plans at this employer2
UNIVERSITY OF MARYLAND FACULTY PHYSICIANS, INC. MONEY PURCHASE PENSION PLANMoney purchase plan
UNIVERSITY OF MARYLAND FACULTY PHYSICIANS, INC. 403(B) TAX DEFERRED ANNUITY PLAN403(b)
Same employer
Similar plansHealth Care & Social Assistance · Maryland
Pe Gastro Management, LLC MD$136.6M · 0.22%
Hunt Valley Holdings LLC MD$122.5M · 0.43%
Shore Health System, Inc. MD$118.4M · 0.04%
Novavax, Inc. MD$113.2M · 0.24%
Practice Dynamics Inc. MD$84.5M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521299563 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.