# Southern Maryland Hospital, INC. 401(k) Plan
Source: https://planprovider.pro/companies/southern-maryland-hospital-inc-401k-plan

> Southern Maryland Hospital, INC.&#39;s 401(k) plan: 93 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|—|—|

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