Plan Snapshot
- Plan Sponsor: Southern Maryland Hospital, INC.
- Sponsor EIN: 521157796
- Sponsor Address: 44 CANAL CENTER PLAZA, SUITE 325, ALEXANDRIA, VA, 22314
- Plan Type: 401(k)
- Total Participants: 93
- Total Assets: $16.5M
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 | 93 | $16.5M | $51,859 | $193,792 |
| 2023 | 104 | $15.3M | $58,941 | $215,821 |
| 2022 | 103 | $13.5M | $28,978 | $232,446 |
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 |
|---|---|---|---|---|
| KIMBERLY F PALMISANO CPA PA | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $21,282 | — | $21,282 | — | — |
| 2023 | $18,228 | $15,972 | — | — | — |
| 2022 | $8,707 | $2,250 | $6,457 | — | — |