Plan Ledger DOL Form 5500 · updated monthly

University of Maryland Psychiatry Associates, P.A.Money purchase plan

UNIVERSITY OF MARYLAND PSYCHIATRY ASSOCIATES, P.A. MONEY PURCHASE PLAN AND TRUST · BALTIMORE, MD · plan year 2024

Employer contribution per participant · 2024
$813

University of Maryland Psychiatry Associates, P.A.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $2,977,787 across 120 participant accounts, with employer contributions averaging $813 per active participant. See methodology for what Form 5500 does and doesn't capture.

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 (1,442nd of 1,671), and 9,281st of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$2,977,787
Participants with balances120
Active participants57
Employer contributions$46,314
Employee contributions—
Employer contribution per active participant$813
Average account balance$24,815
Benefits paid to participants$138,417
Plan auditUnmodified (clean) audit opinion
Employer contributions to the University of Maryland Psychiatry Associates, P.A. plan · 2024
Employer contribution per active participant$813
Median for plans this size$1,313

University of Maryland Psychiatry Associates, P.A.'s 2024 employer contribution ran below the $1,313 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.

Similar plansHealth Care & Social Assistance · Maryland
Magnificus Corporation MD$3.1M · 0.69%
Daljaco Incorporated MD$3.0M · 1.43%
Kolmac Acquisition, LLC MD$2.9M · 0.80%
Bright Eyes Employees LLC MD$2.9M · 0.85%
Chesapeake Center, Inc. MD$2.9M · 0.88%

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Source: U.S. Department of Labor, Form 5500 series, EIN 520995961 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.