Plan Snapshot
- Plan Sponsor: Board Of Trustees - Mid-Atlantic Regional Council Of Carpenters Health
- Sponsor EIN: 526051383
- Sponsor Address: 6710 OXON HILL ROAD, SUITE 450, OXON HILL, MD, 20745
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 2,100
- Total Assets: $57.1M
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 | 2,100 | $57.1M | $26.3M | $2.7M |
| 2023 | 2,112 | $55.4M | $24.6M | $2.6M |
| 2022 | 2,539 | $56.5M | $28.9M | $2.8M |
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 |
|---|---|---|---|---|
| EASTERN ATLANTIC STATES CARPENTERS | Recordkeeper | $613,581 | — | $613,581 |
| INDEPENDENCE BLUE CROSS | Other Service Provider | $611,438 | — | $611,438 |
| ZENITH | Other Service Provider | $279,772 | — | $279,772 |
| SEGAL COMPANY | Other Service Provider | $125,992 | — | $125,992 |
| ODONOGHUE & ODONOGHUE | Other Service Provider | $76,376 | — | $76,376 |
| CALIBRE CPA GROUP | Auditor | $72,208 | — | $72,208 |
| CIGNA HEALTHCARE | Other Service Provider | $65,199 | — | $65,199 |
| ASB CAPITAL | Other Service Provider | $65,004 | — | $65,004 |
| LEVEL CARE HEALTH CONSORTIUM | Other Service Provider | $34,958 | — | $34,958 |
| CHARTWELL | Other Service Provider | $34,789 | — | $34,789 |
| AMERICAN REALTY ADVISORS | Other Service Provider | $34,734 | — | $34,734 |
| EXPRESS SCRIPTS | Other Service Provider | $32,435 | — | $32,435 |
| IPS | Other Service Provider | $15,000 | — | $15,000 |
| CHEVY CHASE TRUST | Other Service Provider | $8,102 | — | $8,102 |
| AMALGAMATED BANK | Other Service Provider | $5,000 | — | $5,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EASTERN ATLANTIC STATES CARPENTERS — Recordkeeper
- CALIBRE CPA GROUP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,074,588
- Estimated Expense Ratio: 3.633% 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 | $1,371,085 | $154,529 | $279,772 | $72,208 | — |
| 2023 | $1,577,325 | $177,321 | $1,120,680 | $30,686 | — |
| 2022 | $1,551,941 | $180,054 | $1,083,180 | — | $170,626 |