The Arc Baltimore, Inc. 401(k) Review & Grade
403(b) Thrift Plan of the Arc Baltimore, Inc.
Baltimore, MDOther Services884 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$973Employer $ per active participant
$1,036Employee $ saved per active participant
0.03%Direct admin cost, % of plan assets
$26.0MNet plan assets, end of year
$32,932Average balance per account
Score breakdown
- Employer generosity21.4 / 5043th percentile for employer $ per participant
- Low cost23.1 / 2592th percentile for low admin cost vs. same-size plans
- Employee saving4.0 / 1527th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score52 / 100 · Grade C
This plan vs. peers
Peers: Other Services plans with 500–2,499 active participants (333 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 43th |
| Lower admin cost | 92th |
| Employee saving | 27th |
| Peers that auto-enroll | 40% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Arc Baltimore put in about $973 per active participant, below the typical peer ($1,257). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $860,318 |
| Participant (employee) contributions | $916,515 |
| Other contributions (incl. rollovers in) | $191,879 |
| Administrative expenses paid from the plan | $7,814 |
| Other admin expenses | $7,814 |
| Benefits paid out | $1,860,326 |
| Net assets, start / end of year | $23.5M / $26.0M |
| Active participants, start / end of year | 831 / 938 |
| Participants with account balances | 789 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Elin & Tucker, Chartered |
Largest service providers (Schedule C)
| Mutual of America Investment Corp | $10,813 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20260317130048NAL0002204257001, received 2026-03-17, EIN 52-0671428, plan #003, plan year 2024-07-01 to 2025-06-30. Verify at efast.dol.gov.