Plan Snapshot
- Plan Sponsor: Carpenters Local No 491 Annuity Plan
- Sponsor EIN: 521840473
- Sponsor Address: 911 RIDGEBROOK RD, SPARKS, MD, 211529459
- Plan Type: DC
- Total Participants: 1,130
- Total Assets: $37.3M
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 | 1,130 | $37.3M | $4.7M | $0 |
| 2023 | 1,064 | $31.8M | $4.1M | $0 |
| 2022 | 1,108 | $25.7M | $3.5M | $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 |
|---|---|---|---|---|
| BATOFF ASSOCIATES | NONE | $38,732 | — | $38,732 |
| ASSOCIATED ADMINSTRATORS | NONE | $35,531 | — | $35,531 |
| IRA MARC MILLER AND CO PA | NONE | $16,875 | — | $16,875 |
| BOLTON PARTNERS INVESTMENT CONSULTI | NONE | $12,975 | — | $12,975 |
| YORK INSURANCE SERVICES INC | NONE | $5,011 | — | $5,011 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $109,124
- Estimated Expense Ratio: 0.293% 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 | $132,118 | $15,312 | $35,531 | $16,875 | — |
| 2023 | $112,577 | $15,103 | $34,165 | $16,000 | — |
| 2022 | $113,916 | $14,540 | $39,447 | — | $37,792 |