Xcel Management, Inc.401(k)
XCEL HR 401(K) PLAN · ROCKVILLE, MD · plan year 2022
Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works
Xcel Management, Inc. reported $517,096 in plan administrative expenses for 2022: 0.66% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,427 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 $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other administrative & support services employers. By assets it is the 231st-largest of 1,671 plans among Maryland employers on file, and the 212th of 2,534 in administrative & support services. In 2022, employees put in $1.50 for every $1.00 the employer contributed.
Xcel Management, Inc.'s 2022 employer contribution ran below the $3,449 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.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 271303855 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.