Plan Snapshot
- Plan Sponsor: Psych Associates Group LLC
- Sponsor EIN: 871340549
- Sponsor Address: 1954 GREENSPRING DR., SUITE 530, TIMONIUM, MD, 21093
- Plan Type: 401(k)
- Total Participants: 173
- Total Assets: $6.4M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 173 | $6.4M | $587,573 | $1.4M |
| 2023 | 190 | $4.5M | $578,968 | $1.2M |
| 2022 | 180 | $2.9M | $527,529 | $880,805 |
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 |
|---|---|---|---|---|
| UHY LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- UHY LLP — 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 | $46,505 | — | $46,505 | — | — |
| 2023 | $39,431 | — | — | — | — |
| 2022 | — | — | — | — | — |