Plan Snapshot
- Plan Sponsor: Arc Of Washington County, INC.
- Sponsor EIN: 520696197
- Sponsor Address: 820 FLORIDA AVENUE, HAGERSTOWN, MD, 21740
- Plan Type: 403(b)
- Plan Number: 001
- Total Participants: 747
- Total Assets: $9.0M
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 | 747 | $9.0M | $216,454 | $498,980 |
| 2023 | 1,081 | $7.9M | $201,296 | $435,688 |
| 2022 | 959 | $7.3M | $211,254 | $396,152 |
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 |
|---|---|---|---|---|
| TRIBRIDGE PARTNERS FINANCIAL LLC | Investment Advisor | $19,976 | $24 | $20,000 |
| ORENDA RETIREMENT, LLC | Recordkeeper | $11,551 | $3,829 | $15,380 |
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $9,829 | — | $9,829 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $45,209
- Estimated Expense Ratio: 0.500% 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 | $44,722 | $23,338 | — | — | — |
| 2023 | $34,679 | $8,311 | $26,368 | — | — |
| 2022 | $39,106 | — | $39,106 | — | — |