Plan Snapshot
- Plan Sponsor: Maryland Emergency Medicine Network, INC.
- Sponsor EIN: 450519724
- Sponsor Address: 250 WEST PRATT STREET SUITE 1320, BALTIMORE, MD, 21201
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 163
- Total Assets: $61.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2023 | 163 | $61.0M | $2.0M | $2.4M |
| 2022 | 200 | $50.2M | $2.1M | $2.2M |
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 |
|---|---|---|---|---|
| GALLAGHER FIDUCIARY ADVISORS LLC | Investment Advisor | $37,271 | — | $37,271 |
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $16,851 | — | $16,851 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GALLAGHER FIDUCIARY ADVISORS LLC — Investment Advisor
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $54,122
- Estimated Expense Ratio: 0.089% 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 |
|---|---|---|---|---|---|
| 2023 | $54,122 | $37,271 | — | — | — |
| 2022 | $62,043 | — | — | — | — |