Plan Ledger DOL Form 5500 · updated monthly

Whitney, Bailey, Cox & Magnani, LLC401(k)

WHITNEY, BAILEY, COX & MAGNANI, LLC 401(K) PROFIT SHARING PLAN · BALTIMORE, MD · plan year 2022

Reported admin expense ratio · 2022
0.34%

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

Whitney, Bailey, Cox & Magnani, LLC reported $117,486 in plan administrative expenses for 2022: 0.34% of average plan assets, above the peer median. Employer contributions averaged $2,286 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other professional & technical services employers. By assets it is the 457th-largest of 1,671 plans among Maryland employers on file, and the 4,056th of 11,654 in professional & technical services. In 2022, employees put in $3.66 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$31,084,333
Participants with balances252
Active participants203
Employer contributions$464,096
Employee contributions$1,698,561
Employer contribution per active participant$2,286
Average account balance$123,351
Benefits paid to participants$1,526,319
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $234K emplr
2022$31.1M · 252 accts · $464K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$117,486
Total administrative$117,486
The Whitney, Bailey, Cox & Magnani, LLC 401(k) match · 2022
Employer contribution per active participant$2,286
Median for plans this size$2,266

Whitney, Bailey, Cox & Magnani, LLC's 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$117,486 · 0.34%
Same employer
Similar plansProfessional & Technical Services · Maryland
Cas Severn, Inc. MD$31.6M · 0.01%
Smartlink, LLC MD$31.0M · 0.04%
Legal Aid Bureau, Inc. MD$29.7M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521081866 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.