Plan Snapshot
- Plan Sponsor: Igp Management Corporation
- Sponsor EIN: 522134246
- Sponsor Address: 1116 MIDDLE RIVER, SUITE K, BALTIMORE, MD, 21220
- Plan Type: 401(k)
- Total Participants: 178
- Total Assets: $13.8M
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 | 178 | $13.8M | $312,421 | $732,626 |
| 2023 | 151 | $11.4M | $293,413 | $724,110 |
| 2022 | 149 | $9.3M | $282,102 | $613,770 |
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 |
|---|---|---|---|---|
| PKS & COMPANY, P.A. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $36,242 | $18,554 | — | — | — |
| 2023 | $28,301 | $14,868 | — | — | — |
| 2022 | $23,351 | $14,567 | $8,784 | — | — |