Plan Snapshot
- Plan Sponsor: Carefirst, INC.
- Sponsor EIN: 522069215
- Sponsor Address: 10453 MILL RUN CIRCLE, OWINGS MILLS, MD, 211175559
- Plan Type: DB
- Total Participants: 1,394
- Total Assets: $545.6M
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 | 1,394 | $545.6M | $0 | $0 |
| 2023 | 1,518 | $572.9M | $5.4M | $0 |
| 2022 | 1,626 | $572.2M | $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 |
|---|---|---|---|---|
| SB & COMPANY, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SB & COMPANY, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $2,914,000 | $1,370,000 | — | — | — |
| 2023 | $3,138,000 | $1,469,000 | — | — | — |
| 2022 | $2,494,000 | $1,482,000 | $491,000 | — | $539,000 |