Plan Snapshot
- Plan Sponsor: Board Of Trustees Mcs Supplementary Pension Plan
- Sponsor EIN: 516097856
- Sponsor Address: 5201 CAPITAL GATEWAY DRIVE, CAMP SPRINGS, MD, 207464211
- Plan Type: DB
- Total Participants: 280
- Total Assets: $6.7M
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 | 280 | $6.7M | $0 | $0 |
| 2023 | 285 | $6.5M | $0 | $0 |
| 2022 | 285 | $6.3M | $0 | $0 |
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 |
|---|---|---|---|---|
| SEAFARERS VACATION PLAN | Other Service Provider | $50,000 | — | $50,000 |
| FOSTER & FOSTER | Other Service Provider | $35,000 | — | $35,000 |
| WEAVER AND TIDWELL, LLP | Other Service Provider | $27,840 | — | $27,840 |
| MORGAN STANLEY SMITH BARNEY LLC | Other Service Provider | $19,143 | — | $19,143 |
| PRUDENTIAL RET INS & ANNUITY CO. | Other Service Provider | $14,334 | — | $14,334 |
| EMPOWER ANNUITY INSURANCE COMPANY | Other Service Provider | $13,948 | — | $13,948 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SEAFARERS VACATION PLAN — Other Service Provider
- WEAVER AND TIDWELL, LLP — Other Service Provider
- MORGAN STANLEY SMITH BARNEY LLC — Other Service Provider
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $160,265
- Estimated Expense Ratio: 2.396% 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 | $220,265 | $33,726 | — | $27,840 | — |
| 2023 | $219,620 | $30,965 | — | $28,800 | — |
| 2022 | $196,240 | $31,409 | — | — | $51,392 |