Plan Snapshot
- Plan Sponsor: Board Of Trustees Of The Eastern
- Sponsor EIN: 520904953
- Sponsor Address: 1030 S. DUKELAND STREET, BALTIMORE, MD, 212233303
- Plan Type: DB
- Total Participants: 300
- Total Assets: $166.2M
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 | 300 | $166.2M | $9.5M | $0 |
| 2023 | 309 | $152.5M | $9.7M | $0 |
| 2022 | 330 | $142.9M | $9.6M | $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 |
|---|---|---|---|---|
| INVESTMENT PERFORMANCE SERVICES | Investment Advisor | $333,897 | — | $333,897 |
| WEDGE CAPITAL MANAGEMENT, L.L.P. | Investment Advisor | $91,660 | — | $91,660 |
| HAMILTON LANE ADVISORS, LLC | Investment Advisor | $72,023 | — | $72,023 |
| THE SEGAL COMPANY | Actuary | $65,278 | — | $65,278 |
| HARDMAN JOHNSTON GLOBAL ADVISORS | Investment Advisor | $57,039 | — | $57,039 |
| BENEFITS ADMINISTRATION, LLC | Recordkeeper | $54,838 | — | $54,838 |
| CHARTWELL INVESTMENT PARTNERS | Investment Advisor | $48,887 | — | $48,887 |
| WELLINGTON TRUST COMPANY | Investment Advisor | $48,575 | — | $48,575 |
| ABATO, RUBENSTEIN & ABATO | ERISA Attorney | $44,000 | — | $44,000 |
| JPMORGAN CHASE BANK, N.A. | Investment Advisor | $40,311 | — | $40,311 |
| HCFL | Auditor | $29,655 | — | $29,655 |
| BROWN INVESTMENT ADVISORS | Investment Advisor | $25,563 | — | $25,563 |
| PNC, INC. | Custodian / Trustee | $25,482 | — | $25,482 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $937,208
- Estimated Expense Ratio: 0.564% 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 | $1,084,344 | $809,705 | $54,838 | — | — |
| 2023 | $929,600 | $681,650 | $58,994 | — | — |
| 2022 | $1,063,274 | $830,170 | $58,994 | — | $113,613 |