Plan Snapshot
- Plan Sponsor: Medstar Health, INC.
- Sponsor EIN: 522087445
- Sponsor Address: 10980 GRANTCHESTER WAY, COLUMBIA, MD, 21044
- Plan Type: 403(b)
- Total Participants: 35,033
- Total Assets: $3.5B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 35,033 | $3.5B | $64.9M | $207.9M |
| 2023 | 32,983 | $3.0B | $56.6M | $190.5M |
| 2022 | 31,251 | $2.4B | $52.4M | $180.9M |
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 INS. CO. OF AMERICA | NONE | $1,302,000 | — | $1,302,000 |
| GRANT THORNTON LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GRANT THORNTON LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,302,000
- Estimated Expense Ratio: 0.038% 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 | $1,302,000 | — | — | — | — |
| 2023 | $1,176,668 | $7,774 | $810,136 | — | — |
| 2022 | $1,388,724 | — | $1,388,724 | — | — |