Plan Snapshot
- Plan Sponsor: Cda INC Dba Maxsent
- Sponsor EIN: 621478263
- Sponsor Address: 185 ADMIRAL COCHRANE DR, ANNAPOLIS, MD, 21401
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 562
- Total Assets: $324,989
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 | 562 | $324,989 | $1.6M | $59,504 |
| 2023 | 395 | $248,534 | $687,532 | $68,895 |
| 2022 | 278 | $158,419 | $479,287 | $39,824 |
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 |
|---|---|---|---|---|
| FCE BENEFIT ADMINISTRATION | Other Service Provider | $178,661 | — | $178,661 |
| CIGNA HEALTH AND LIFE INSURANCE | Other Service Provider | $42,747 | — | $42,747 |
| WORLD INSURANCE ASSOC, LLC | Other Service Provider | $41,014 | — | $41,014 |
| CLA | Auditor | $24,885 | — | $24,885 |
| TRUST MANAGEMENT SERVICES | Custodian / Trustee | $24,326 | — | $24,326 |
| GLOBAL CARE | Other Service Provider | $7,816 | — | $7,816 |
| UNITED WORKER WELLNESS | Other Service Provider | $5,954 | — | $5,954 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CLA — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $325,403
- Estimated Expense Ratio: 100.127% 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 | $288,050 | — | $237,600 | $24,885 | — |
| 2023 | $153,021 | — | $117,595 | $21,250 | — |
| 2022 | $126,546 | $7,787 | $98,453 | — | $20,107 |