Plan Snapshot
- Plan Sponsor: Maryland Medicine, P.A.
- Sponsor EIN: 521908496
- Sponsor Address: 250 WEST PRATT STREET, SUITE 901, BALTIMORE, MD, 21201
- Plan Type: DC
- Plan Number: 001
- Total Participants: 169
- Total Assets: $8.7M
Key Plan Design Features
- Auto-Enrollment: No
- 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. |
|---|---|---|---|---|
| 2024 | 169 | $8.7M | $1.3M | $0 |
| 2023 | 165 | $6.8M | $982,670 | $0 |
| 2022 | 162 | $4.7M | $1.1M | $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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $9,105 | — | $9,105 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $9,105
- Estimated Expense Ratio: 0.105% 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 | $9,105 | — | — | — | — |
| 2023 | $8,265 | — | — | — | — |
| 2022 | $7,687 | — | $2,645 | — | — |