Plan Snapshot
- Plan Sponsor: Shelter Systems Limited
- Sponsor EIN: 521804297
- Sponsor Address: 1025 MEADOW BRANCH ROAD, WESTMINSTER, MD, 21158
- Plan Type: 401(k)
- Total Participants: 109
- Total Assets: $15.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 109 | $15.1M | $498,722 | $664,963 |
| 2023 | 124 | $13.0M | $745,974 | $745,974 |
| 2022 | 128 | $10.0M | $754,400 | $754,400 |
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 RETIREMENT & BENEFIT | NONE | $44,093 | — | $44,093 |
| ASCENSUS LLC | NONE | $14,081 | — | $14,081 |
| MCLEAN KOEHLER SPARKS & HAMMOND | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MCLEAN KOEHLER SPARKS & HAMMOND — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $58,174
- Estimated Expense Ratio: 0.385% 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 | $58,174 | $44,093 | $14,081 | — | — |
| 2023 | $48,358 | $34,674 | $13,684 | — | — |
| 2022 | $44,701 | $30,776 | $13,925 | — | — |