Plan Ledger DOL Form 5500 · updated monthly

Whitman, Requardt & Associates, LLP401(k)

WHITMAN, REQUARDT & ASSOCIATES, LLP 401(K) 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

Whitman, Requardt & Associates, LLP reported $134,355 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $3,069 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 0.13% to 0.08%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 100th-largest of 1,671 plans among Maryland employers on file, and the 918th of 11,654 in professional & technical services. In 2024, employees put in $3.96 for every $1.00 the employer contributed; active participation has grown from 768 to 904 since 2022.

Plan summary
Net assets, end of year$174,331,881
Participants with balances1,081
Active participants904
Employer contributions$2,773,924
Employee contributions$10,997,306
Employer contribution per active participant$3,069
Average account balance$161,269
Benefits paid to participants$5,589,075
Plan auditUnmodified (clean) audit opinion
AuditorYOUNT, HYDE & BARBOUR , P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$174.3M · 1,081 accts · $2.8M emplr
2023$143.7M · 990 accts · $2.3M emplr
2022$115.0M · 923 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$89,324
Investment management$45,031
Total administrative$134,355
The Whitman, Requardt & Associates, LLP 401(k) match · 2024
Employer contribution per active participant$3,069
Median for plans this size$3,635
2024$3,069 per active participant
2023$2,751 per active participant
2022$1,888 per active participant

Whitman, Requardt & Associates, LLP's 2024 employer contribution ran below 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 · 20242
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$94,355
RBC CAPITAL MARKETS CORPORATION · Investment management$40,000

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$134,355 · 0.08%
2023$115,224 · 0.09%
2022$164,004 · 0.13%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 520541536 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.