Plan Snapshot
- Plan Sponsor: Scientific Consulting Group, INC.
- Sponsor EIN: 521719423
- Sponsor Address: 656 QUINCE ORCHARD ROAD, GAITHERSBURG, MD, 208781422
- Plan Type: DC
- Total Participants: 96
- Total Assets: $21.6M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 96 | $21.6M | $1.4M | $592,624 |
| 2023 | 100 | $19.1M | $1.3M | $593,651 |
| 2022 | 111 | $15.3M | $1.2M | $530,412 |
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 |
|---|---|---|---|---|
| MN BLUM LLC | AUDIT | $15,500 | — | $15,500 |
| JM PENSION ADVISORY, INC. | RECORDKEEPER | $7,812 | — | $7,812 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MN BLUM LLC — AUDIT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $23,312
- Estimated Expense Ratio: 0.108% 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 | $28,266 | $3,910 | $7,813 | $15,500 | — |
| 2023 | $23,913 | — | $7,733 | $15,000 | — |
| 2022 | $33,530 | — | — | — | $33,530 |