Plan Ledger DOL Form 5500 · updated monthly

Westminster Ingleside King Farm Presbyterian Rtrmt Communities, Inc.401(k)

INGLESIDE 401(K) PLAN · ROCKVILLE, MD · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Westminster Ingleside King Farm Presbyterian Rtrmt Communities, Inc. reported $77,783 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $743 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 0.51% to 0.43%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 656th-largest of 1,671 plans among Maryland employers on file, and the 3,750th of 11,911 in health care & social assistance. In 2024, employees put in $2.53 for every $1.00 the employer contributed; active participation has grown from 658 to 812 since 2022.

Plan summary
Net assets, end of year$19,577,212
Participants with balances516
Active participants812
Employer contributions$603,294
Employee contributions$1,529,216
Employer contribution per active participant$743
Average account balance$37,940
Benefits paid to participants$1,468,032
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.6M · 516 accts · $603K emplr
2023$16.6M · 493 accts · $541K emplr
2022$13.3M · 449 accts · $500K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,397
Investment management$39,386
Total administrative$77,783
The Westminster Ingleside King Farm Presbyterian Rtrmt Communities, Inc. 401(k) match · 2024
Employer contribution per active participant$743
Median for plans this size$2,416
2024$743 per active participant
2023$731 per active participant
2022$760 per active participant

Westminster Ingleside King Farm Presbyterian Rtrmt Communities, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20244
GREENSPRING ADVISORS, LLC · Recordkeeping · Trustee$39,386
ONEAMERICA RETIREMENT SERVICES · Recordkeeping · Loan processing$38,397
MATRIX TRUST COMPANY · Custodial · Custodial (securities)indirect comp
MSCS FS DIV OF BROADRIDGE BPO, LLPindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024GREENSPRING ADVISORS, LLC, OneAmerica
2023GREENSPRING ADVISORS, LLC, OneAmerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$77,783 · 0.43%
2023$71,282 · 0.48%
2022$72,096 · 0.51%
Same employer
Similar plansHealth Care & Social Assistance · Maryland
American Kidney Fund, Inc. MD$20.1M · 0.00%
Cvr Management, LLC MD$19.7M · 0.20%
Essential Brands, Inc. MD$19.5M · 0.33%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 453825159 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.