Plan Ledger DOL Form 5500 · updated monthly

World Relief401(k)

WORLD RELIEF 401(K) PLAN · BALTIMORE, 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

World Relief reported $139,211 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $1,699 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 3 years on file its reported administrative ratio has held roughly steady near 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 412th-largest of 1,671 plans among Maryland employers on file, and the 2,395th of 11,911 in health care & social assistance. In 2024, employees put in $1.94 for every $1.00 the employer contributed; active participation has grown from 662 to 1,211 since 2022.

Plan summary
Net assets, end of year$36,499,827
Participants with balances1,317
Active participants1,211
Employer contributions$2,057,861
Employee contributions$3,985,054
Employer contribution per active participant$1,699
Average account balance$27,714
Benefits paid to participants$2,068,366
Plan auditUnmodified (clean) audit opinion
AuditorTAIT WELLER BAKER
Plan history3
Yearassets · accounts · employer contribution
2024$36.5M · 1,317 accts · $2.1M emplr
2023$28.2M · 1,065 accts · $1.7M emplr
2022$21.1M · 842 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$76,384
Investment management$62,827
Total administrative$139,211
The World Relief 401(k) match · 2024
Employer contribution per active participant$1,699
Median for plans this size$2,416
2024$1,699 per active participant
2023$1,852 per active participant
2022$1,759 per active participant

World Relief'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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$76,384
GREENSPRING ADVISORS · Investment advisory (plan)$51,631
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$11,196

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$139,211 · 0.43%
2023$94,856 · 0.38%
2022$99,543 · 0.44%
Similar plansHealth Care & Social Assistance · Maryland

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Source: U.S. Department of Labor, Form 5500 series, EIN 236393344 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.