Plan Snapshot
- Plan Sponsor: Board Of Trustees Of M.M.&P. Individual Retirement Account Plan
- Sponsor EIN: 133021839
- Sponsor Address: 700 MARITIME BLVD, SUITE A, LINTHICUM HEIGHTS, MD, 210901996
- Plan Type: DC
- Total Participants: 2,170
- Total Assets: $523.2M
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 | 2,170 | $523.2M | $13.6M | $12.5M |
| 2023 | 2,170 | $464.3M | $12.3M | $11.6M |
| 2022 | 1,997 | $398.7M | $10.8M | $10.3M |
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 |
|---|---|---|---|---|
| GORFINE, SCHILLER & GARDYN, P.A. | Auditor | $22,000 | — | $22,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GORFINE, SCHILLER & GARDYN, P.A. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $22,000
- Estimated Expense Ratio: 0.004% 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 | $913,806 | $222,819 | — | $22,000 | — |
| 2023 | $904,847 | $235,913 | — | $27,730 | — |
| 2022 | $949,762 | $297,121 | — | — | $92,273 |