Plan Snapshot
- Plan Sponsor: Board Of Trustees Of The Marble,Tile And Terrazzo
- Sponsor EIN: 526117426
- Sponsor Address: 305 COMPTON AVENUE, LAUREL, MD, 207074329
- Plan Type: DB
- Total Participants: 298
- Total Assets: $36.8M
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 | 298 | $36.8M | $1.6M | $0 |
| 2023 | 311 | $34.8M | $1.7M | $0 |
| 2022 | 345 | $32.5M | $1.9M | $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 |
|---|---|---|---|---|
| WELLINGTON TRUST COMPANY NA | Other Service Provider | — | $398,011 | $398,011 |
| BEACON ADMINISTRATORS & CONSULTANTS | Other Service Provider | $148,124 | — | $148,124 |
| THE SEGAL COMPANY | Other Service Provider | $66,734 | — | $66,734 |
| HARDMAN JOHNSON GLOBAL ADVISORS LLC | Other Service Provider | $43,755 | — | $43,755 |
| NOVAK FRANCELLA, LLC | Auditor | $38,575 | — | $38,575 |
| INVESTMENT PERFORMANCE SERVICES | Other Service Provider | $34,000 | — | $34,000 |
| SIERRA INVESTMENT PARTNERS INC | Other Service Provider | $25,344 | — | $25,344 |
| O'DONOGHUE & O'DONOGHUE | Other Service Provider | $23,010 | — | $23,010 |
| FIRST EAGLE INVESTMENT MANAGEMENT | Other Service Provider | $22,935 | — | $22,935 |
| NEWTOWER TRUST COMPANY | Other Service Provider | — | $19,702 | $19,702 |
| ASB CAPITAL | Other Service Provider | $15,822 | — | $15,822 |
| WEDGE CAPITAL MANAGEMENT LLP | Other Service Provider | $14,397 | — | $14,397 |
| CHARTWELL INVESTMENT PARTNERS | Other Service Provider | $6,162 | — | $6,162 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NOVAK FRANCELLA, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $856,571
- Estimated Expense Ratio: 2.325% 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 | $531,095 | $192,606 | — | $33,229 | — |
| 2023 | $499,612 | $177,475 | — | $25,810 | — |
| 2022 | $418,268 | $192,598 | — | — | $83,836 |