Plan Snapshot
- Plan Sponsor: Origene Technologies, INC.
- Sponsor EIN: 650626270
- Sponsor Address: 9620 MEDICAL CENTER DR STE 200, ROCKVILLE, MD, 20850
- Plan Type: Health & Welfare
- Plan Number: 505
- Total Participants: 107
- Total Assets: $225,474
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 107 | $225,474 | $1.0M | $379,773 |
| 2023 | 110 | $245,165 | $926,492 | $281,668 |
| 2022 | 104 | $478,764 | $1.2M | $225,882 |
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 |
|---|---|---|---|---|
| CAREFIRST ADMINISTRATORS | Other Service Provider | $67,780 | — | $67,780 |
| THE CAPITAL GROUP | Investment Advisor | $63,900 | — | $63,900 |
| THE BENECON GROUP, LLC | Investment Advisor | $23,608 | — | $23,608 |
| CONNECTCARE3, LLC | Other Service Provider | $7,054 | — | $7,054 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $162,342
- Estimated Expense Ratio: 72.000% 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 | $162,342 | — | $162,342 | — | — |
| 2023 | $161,300 | — | $161,300 | — | — |
| 2022 | $154,973 | — | $154,973 | — | — |