Plan Snapshot
- Plan Sponsor: Cumberland, Md & Vicinity Building & Construction Employees Trust Fun
- Sponsor EIN: 526061646
- Sponsor Address: 327 N. CENTRE STREET, CUMBERLAND, MD, 21502
- Plan Type: DB
- Plan Number: 001
- Total Participants: 217
- Total Assets: $64.3M
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 | 217 | $64.3M | $3.6M | $0 |
| 2023 | 217 | $59.3M | $3.0M | $0 |
| 2022 | 218 | $54.3M | $3.1M | $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, P.A. | Other Service Provider | $115,268 | — | $115,268 |
| BOLTON PARTNERS, INC. | Other Service Provider | $62,914 | — | $62,914 |
| MARSHFIELD ASSOCIATES | Other Service Provider | $57,404 | — | $57,404 |
| STANDARD VALUATIONS | Other Service Provider | $40,100 | — | $40,100 |
| TURNBULL, HOOVER & KAHL, PA | Other Service Provider | $32,800 | — | $32,800 |
| C.S. MCKEE | Other Service Provider | $31,072 | — | $31,072 |
| ZACKS INVESTMENT MANAGEMENT | Other Service Provider | $30,365 | — | $30,365 |
| CHARTWELL INVESTMENT PARTNERS | Other Service Provider | $26,680 | — | $26,680 |
| ASB ALLEGIANCE REAL ESTATE FUND | Other Service Provider | $17,193 | — | $17,193 |
| SEGALL, BRYANT & HAMILL | Other Service Provider | $11,023 | — | $11,023 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $424,819
- Estimated Expense Ratio: 0.660% 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 | $720,453 | $309,282 | $12,252 | $32,800 | — |
| 2023 | $693,901 | $243,302 | $16,865 | $24,500 | — |
| 2022 | $618,288 | $275,111 | $69,803 | — | $97,246 |