Plan Snapshot
- Plan Sponsor: Maritime Association Of Sc Group Insurance Trust
- Sponsor EIN: 856395415
- Sponsor Address: 4500 LEEDS AVENUE, SUITE 229W, NORTH CHARLESTON, SC, 29405
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 260
- Total Assets: $114,436
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. |
|---|---|---|---|---|
| 2025 | 260 | $114,436 | $0 | $0 |
| 2024 | 208 | $69,844 | $2.1M | $1,149 |
| 2023 | 107 | $33,654 | $1.1M | $0 |
| 2022 | 41 | $12,977 | $701,744 | $25,956 |
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 |
|---|---|---|---|---|
| CLIFTONLARSONALLEN, LLP | 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 |
|---|---|---|---|---|---|
| 2025 | $2,590,965 | — | — | — | — |
| 2024 | $2,091,617 | — | — | — | — |
| 2023 | $1,141,560 | — | — | — | — |
| 2022 | $735,813 | — | — | — | — |