Plan Snapshot
- Plan Sponsor: Service Benefit Plan Administrative Services Corporation
- Sponsor EIN: 201907367
- Sponsor Address: 10453 MILL RUN CIRCLE, OWINGS MILLS, MD, 211175559
- Plan Type: DB
- Total Participants: 127
- Total Assets: $53.3M
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 | 127 | $53.3M | $0 | $0 |
| 2023 | 135 | $54.9M | $6.1M | $0 |
| 2022 | 144 | $48.9M | $0 | $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 |
|---|---|---|---|---|
| AON CONSULTING, INC. | Recordkeeper | $177,632 | — | $177,632 |
| DODGE AND COX | Other Service Provider | $27,533 | — | $27,533 |
| CALLAN ASSOCIATE, INC. | Other Service Provider | $25,583 | — | $25,583 |
| HOOD RIVER CAPITAL MANAGEMENT | Other Service Provider | $20,370 | — | $20,370 |
| STATE STREET BANK & TRUST CO | Other Service Provider | $18,928 | — | $18,928 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- AON CONSULTING, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $270,046
- Estimated Expense Ratio: 0.507% 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 | $273,000 | $74,000 | $2,000 | — | — |
| 2023 | $305,000 | $80,000 | $45,000 | — | — |
| 2022 | $223,000 | $97,000 | $26,000 | — | $100,000 |