Plan Snapshot
- Plan Sponsor: Semmes, Bowen & Semmes
- Sponsor EIN: 521955555
- Sponsor Address: 250 W. PRATT STREET, BALTIMORE, MD, 212013328
- Plan Type: DC
- Total Participants: 136
- Total Assets: $14.7M
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 | 136 | $14.7M | $0 | $775,720 |
| 2023 | 142 | $13.7M | $0 | $784,796 |
| 2022 | 144 | $12.7M | $0 | $785,043 |
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 |
|---|---|---|---|---|
| MERRILL LYNCH LIFE AGENCY, INC | CONSULTANT | $28,777 | $26,315 | $55,092 |
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACTOR ADMINISTRATOR | $30,531 | — | $30,531 |
| MKS&H | ACCOUNTANT | $17,500 | — | $17,500 |
| BLUE RIDGE ASSOCIATES | CONTRACT ADMINISTRATOR | $4,706 | $6,870 | $11,576 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MKS&H — ACCOUNTANT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $114,699
- Estimated Expense Ratio: 0.778% 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 | $81,514 | $28,777 | $4,706 | $17,500 | — |
| 2023 | $80,183 | $28,646 | $4,745 | $20,000 | — |
| 2022 | $94,321 | $20,563 | $33,185 | — | $40,573 |