Plan Snapshot
- Plan Sponsor: Aims Benefit Trust
- Sponsor EIN: 476426492
- Sponsor Address: 890 AIRPORT PARK ROAD SUITE 103, GLEN BURNIE, MD, 21061
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 4,581
- Total Assets: $5.1M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 4,581 | $5.1M | $30.1M | $17.0M |
| 2023 | 4,595 | $1.1M | $31.8M | $17.7M |
| 2022 | 4,673 | $3.4M | $30.8M | $17.4M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| EDUCATORS BENEFIT SERVICES INC | Recordkeeper | $2,013,377 | — | $2,013,377 |
| BHS | Other Service Provider | $94,608 | — | $94,608 |
| CIGNA HEALTH AND LIFE INSURANCE CO | Other Service Provider | $26,810 | — | $26,810 |
| DAVIDSON DOYLE & HILTON LLP | Auditor | $18,300 | — | $18,300 |
| EDUCATORS BENEFIT SERVICES INC | Other Service Provider | $15,456 | — | $15,456 |
| CHUBB & SON | Insurance Carrier | $15,360 | — | $15,360 |
| M&T BANK | Recordkeeper | $11,149 | — | $11,149 |
| ANDERSON DAVIS & ASSOCIATES CPA PA | Other Service Provider | $11,000 | — | $11,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DAVIDSON DOYLE & HILTON LLP — Auditor
- M&T BANK — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,206,060
- Estimated Expense Ratio: 43.017% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $2,088,272 | — | $2,028,833 | $18,300 | — |
| 2023 | $1,348,874 | — | $1,289,780 | $18,000 | — |
| 2022 | $1,335,975 | — | $1,283,429 | — | $30,506 |