Plan Snapshot
- Plan Sponsor: Maryland Institute College Of Art
- Sponsor EIN: 520591661
- Sponsor Address: 1300 MOUNT ROYAL AVENUE, BALTIMORE, MD, 212170000
- Plan Type: 403(b)
- Total Participants: 400
- Total Assets: $119.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 400 | $119.9M | $2.3M | $2.5M |
| 2023 | 787 | $112.2M | $2.7M | $3.0M |
| 2022 | 420 | $98.3M | $2.8M | $2.7M |
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 |
|---|---|---|---|---|
| SB & COMPANY, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SB & COMPANY, LLC — Auditor
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 | $161,388 | — | $161,388 | — | — |
| 2023 | $146,405 | — | $146,405 | — | — |
| 2022 | $107,078 | — | $107,078 | — | — |