Plan Snapshot
- Plan Sponsor: Chesapeake Bay Beach Club, LLC
- Sponsor EIN: 522139890
- Sponsor Address: 500 MARINA CLUB ROAD, STEVENSVILLE, MD, 216662622
- Plan Type: 401(k)
- Total Participants: 370
- Total Assets: $3.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 370 | $3.1M | $137,102 | $316,455 |
| 2023 | 370 | $2.5M | $130,591 | $340,798 |
| 2022 | 503 | $1.9M | $122,563 | $307,818 |
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 |
|---|---|---|---|---|
| ASCENSUS LLC | NONE | $8,494 | — | $8,494 |
| LOMBARDO AYERS & COMPANY LLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $8,494
- Estimated Expense Ratio: 0.274% 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 | $8,494 | — | $8,494 | — | — |
| 2023 | $20,466 | — | $20,466 | — | — |
| 2022 | $9,562 | — | $9,562 | — | — |