Plan Snapshot
- Plan Sponsor: The Arc Northern Chesapeake Region, INC.
- Sponsor EIN: 520784063
- Sponsor Address: 4513 PHILADELPHIA ROAD, ABERDEEN, MD, 210011501
- Plan Type: 403(b)
- Plan Number: 004
- Total Participants: 350
- Total Assets: $4.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 350 | $4.9M | $134,069 | $439,493 |
| 2023 | 350 | $4.1M | $105,963 | $344,975 |
| 2022 | 322 | $3.3M | $60,623 | $244,732 |
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 |
|---|---|---|---|---|
| WEYRICH CRONIN & SORRA, LLC | 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 | $3,199 | — | — | — | — |
| 2023 | $2,552 | — | — | — | — |
| 2022 | $821 | — | — | — | — |