Plan Snapshot
- Plan Sponsor: Health Board
- Sponsor EIN: 113805568
- Sponsor Address: 200 ST. PAUL STREET, SUITE 2420, BALTIMORE, MD, 21202
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 2,578
- Total Assets: $1.1B
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 | 2,578 | $1.1B | $241.0M | $0 |
| 2023 | 2,532 | $824.8M | $80.4M | $0 |
| 2022 | 2,528 | $763.8M | $121.4M | $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 |
|---|---|---|---|---|
| CIGNA HEALTH AND LIFE INSURANCE CO | Other Service Provider | $1,743,179 | — | $1,743,179 |
| GROOM LAW GROUP, CHARTERED | ERISA Attorney | $662,270 | — | $662,270 |
| PNC CAPITAL ADVISORS, LLC | Other Service Provider | $367,023 | — | $367,023 |
| ALIGHT HOLDING COMPANY, LLC | Recordkeeper | $334,962 | — | $334,962 |
| AON CONSULTING, INC. | Recordkeeper | $277,610 | — | $277,610 |
| B BELL/P ROZELLE NFL PLAYER RET PL | Recordkeeper | $199,708 | — | $199,708 |
| CONSOLIDATED GRAPHICS, INC. | Other Service Provider | $116,609 | — | $116,609 |
| THE BANK OF NEW YORK MELLON | Other Service Provider | $69,334 | — | $69,334 |
| MITCHELL & TITUS, LLP | Auditor | $31,370 | — | $31,370 |
| CAPFINANCIAL PARTNERS, LLC | Other Service Provider | $14,795 | — | $14,795 |
| CLOUDBERRY CREATIVE, INC. | Other Service Provider | $7,406 | — | $7,406 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GROOM LAW GROUP, CHARTERED — ERISA Attorney
- ALIGHT HOLDING COMPANY, LLC — Recordkeeper
- AON CONSULTING, INC. — Recordkeeper
- B BELL/P ROZELLE NFL PLAYER RET PL — Recordkeeper
- MITCHELL & TITUS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,824,266
- Estimated Expense Ratio: 0.354% 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 | $3,860,296 | $381,818 | $1,743,179 | $31,370 | — |
| 2023 | $4,097,260 | $337,007 | $1,713,532 | $29,593 | — |
| 2022 | $3,140,743 | $300,406 | — | — | $765,408 |