Plan Ledger DOL Form 5500 · updated monthly

Wise Consulting Associates, Inc.ESOP

WISE CONSULTING ASSOCIATES, INC. EMPLOYEE STOCK OWNERSHIP PLAN · TIMONIUM, MD · plan year 2022

Reported admin expense ratio · 2022
0.00%

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

Wise Consulting Associates, Inc. reported $249 in plan administrative expenses for 2022: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $430 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 rose from 0.00% to 0.86%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Maryland (936th of 1,671), and 7,609th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$11,287,141
Participants with balances139
Active participants110
Employer contributions$47,330
Employee contributions—
Employer contribution per active participant$430
Average account balance$81,202
Benefits paid to participants$15,730
Plan auditUnmodified (clean) audit opinion
AuditorSMITH ELLIOTT KEARNS & COMPANY, LLC
Plan history4
Yearassets · accounts · employer contribution
2025$0
2024$5.3M · 146 accts
2023$4.2M · 146 accts · $327K emplr
2022$11.3M · 139 accts · $47K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$249
Total administrative$249
Employer contributions to the Wise Consulting Associates, Inc. plan · 2022
Employer contribution per active participant$430
Median for plans this size$1,114
2023$40,870 per active participant
2022$430 per active participant

Wise Consulting Associates, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Recordkeeper by year2
2025Principal
2023Principal

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Administrative cost history4
2025Not separately reported
2024$40,788 · 0.86%
2023$52,675 · 0.68%
2022$249 · 0.00%
Similar plansProfessional & Technical Services · Maryland
Rekor Systems, Inc. MD$11.6M · 0.21%
Automated Precision, Inc. MD$11.5M · 0.19%
Caelum Research Corporation MD$10.9M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521974149 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.