Benchmarking SMX 401(K) Plan in Hollywood, MD against all plans
SMX 401(K) Plan in Hollywood, MD has the 11th-highest total administrative expense per participant ($168.33) of the 66 Maryland plans. That $168.33 compares to a median of $105.88 across those 66 plans.
Reaching the median of $105.88 would imply a decrease of $125,524 in total administrative expenses.
Note: total administrative expense per participant =
total administrative expenses ÷ total participants
SMX 401(K) Plan has these standings among those 66 peer plans:
Reaching the median of $105.88 would imply a decrease of $125,524 in total administrative expenses.
Note: total administrative expense per participant =
total administrative expenses ÷ total participants
SMX 401(K) Plan has these standings among those 66 peer plans:
- total administrative expense per participant = $168.33 (11th-highest)
- total administrative expenses = $338,345 (14th-highest)
- total participants = 2,010 (26th-most)
- investment advisory and management fees = $0
- recordkeeping fees = $0
- contract administrator fees = $338,345
- IQPA audit fees = $0
- bank or trust company trustee/custodial fees = $0
- plan salaries and allowances = $0
- legal fees = $0
- other trustee fees and expenses = $0
- actuarial fees = $0
- valuation/appraisal fees = $0
- other administrative expenses = $0
Visualize
Peers
better than James G. Davis Construction Corporation Profit Sharing, Stock Ownership, and 401(K) Plan in Rockville, MD ($555.81), New Enterprise Associates 401(K) Plan in Timonium, MD ($423.09), Southern Maryland Electric Cooperative, Inc Management Employees' 401(K) Plan in Hughesville, MD ($359.32), and The 401(K) Plan of Pe Gastro Management, LLC in Silver Spring, MD ($312.61), and 6 others, ending with Miles & Stockbridge Retirement Plan in Baltimore, MD ($184.75).
exceeded Centers for Advanced Orthopaedics, LLC 401(K) Profit Sharing Plan in Bethesda, MD ($161.24), JBG Smith 401(K) Plan in Bethesda, MD ($153.62), Cambridge Information Group, Inc. 401(K) Retirement Plan in Bethesda, MD ($140.18), and US Fertility Holdings, LLC Profit Sharing Plan in Rockville, MD ($138.91), and 51 others, ending with Centrus Savings Program in Bethesda, MD (-$39.99).
exceeded Centers for Advanced Orthopaedics, LLC 401(K) Profit Sharing Plan in Bethesda, MD ($161.24), JBG Smith 401(K) Plan in Bethesda, MD ($153.62), Cambridge Information Group, Inc. 401(K) Retirement Plan in Bethesda, MD ($140.18), and US Fertility Holdings, LLC Profit Sharing Plan in Rockville, MD ($138.91), and 51 others, ending with Centrus Savings Program in Bethesda, MD (-$39.99).
References
- in state. Except where noted, all data come from the 25-September-2025 updates to the year-2023 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
- total administrative expense per participant. Lower values are better. Total administrative expense per participant is a ratio that equals total administrative expenses (Line 2i(5), Schedule H) divided by total participants, i.e. the sum of active, retired, separated participants who are still living, and deceased participants whose beneficiaries receive or are entitled to benefits (Line 6f of Form 5500). To qualify for total administrative expense per participant, the the value of 'total assets' must be at least $50,000. Except where noted, all data come from the 25-September-2025 updates to the year-2023 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.