Plan Ledger DOL Form 5500 · updated monthly

Woodmont Country Club401(k)

WOODMONT COUNTRY CLUB 401(K) PLAN · ROCKVILLE, MD · plan year 2024

Reported admin expense ratio · 2024
0.63%

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

Woodmont Country Club reported $63,237 in plan administrative expenses for 2024: 0.63% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,553 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 0.54% to 0.63%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Maryland (994th of 1,671), and the 1,648th of 3,341 in other services. In 2024, employees put in $1.94 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,025,752
Participants with balances161
Active participants181
Employer contributions$281,169
Employee contributions$544,269
Employer contribution per active participant$1,553
Average account balance$62,272
Benefits paid to participants$2,109,996
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.0M · 161 accts · $281K emplr
2023$10.0M · 175 accts · $280K emplr
2022$8.7M · 169 accts · $262K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$63,237
Total administrative$63,237
The Woodmont Country Club 401(k) match · 2024
Employer contribution per active participant$1,553
Median for plans this size$2,416
2024$1,553 per active participant
2023$1,538 per active participant
2022$1,487 per active participant

Woodmont Country Club's 2024 employer contribution ran below the $2,416 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$63,237
UBS FINANCIAL SERVICES INC · Investment advisory (plan)indirect comp

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

Administrative cost history3
2024$63,237 · 0.63%
2023$52,822 · 0.57%
2022$52,469 · 0.54%
Same employer
Similar plansOther Services · Maryland
American Youth Hostels Inc. MD$12.5M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 520535740 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.