Plan Snapshot
- Plan Sponsor: Meritus Medical Center, INC.
- Sponsor EIN: 520607949
- Sponsor Address: 11116 MEDICAL CAMPUS RD., HAGERSTOWN, MD, 21742
- Plan Type: 401(k)
- Total Participants: 3,515
- Total Assets: $397.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 3,515 | $397.2M | $10.0M | $16.9M |
| 2023 | 3,258 | $339.3M | $8.3M | $15.8M |
| 2022 | 3,196 | $293.8M | $7.4M | $14.6M |
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 |
|---|---|---|---|---|
| SMITH ELLIOTT KEARNS & COMPANY,LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SMITH ELLIOTT KEARNS & 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 | $480,561 | — | — | — | — |
| 2023 | $483,294 | $85,467 | — | — | — |
| 2022 | $297,688 | $129,997 | $21,325 | — | $300 |