Plan Snapshot
- Plan Sponsor: Semmes, Bowen & Semmes
- Sponsor EIN: 521955555
- Sponsor Address: 250 W. PRATT STREET, BALTIMORE, MD, 212013328
- Plan Type: DC
- Total Participants: 119
- Total Assets: $28.2M
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 | 119 | $28.2M | $920,317 | $0 |
| 2023 | 103 | $29.3M | $867,680 | $0 |
| 2022 | 96 | $28.6M | $755,575 | $0 |
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 |
|---|---|---|---|---|
| GALLAGHER FIDUCIARY ADVISORS, LLC | INV. ADV. | $48,300 | — | $48,300 |
| WILMINGTON TRUST, N.A. | CUSTODIAN | $47,694 | — | $47,694 |
| C.S. MCKEE, L.P. | INV. ADV. | $34,302 | — | $34,302 |
| MKS&H | ACCOUNTANT | $17,500 | — | $17,500 |
| BLUE RIDGE ASSOCIATES | TPA | $10,944 | — | $10,944 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GALLAGHER FIDUCIARY ADVISORS, LLC — INV. ADV.
- MKS&H — ACCOUNTANT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $158,740
- Estimated Expense Ratio: 0.563% 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 | $158,740 | $82,602 | — | $17,500 | — |
| 2023 | $145,953 | $81,672 | — | $20,000 | — |
| 2022 | $164,031 | $76,269 | $38,514 | — | $2,662 |