Plan Snapshot
- Plan Sponsor: The Arc Of Montgomery County
- Sponsor EIN: 520639953
- Sponsor Address: 7362 CALHOUN PLACE, ROCKVILLE, MD, 20855
- Plan Type: 403(b)
- Total Participants: 492
- Total Assets: $11.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 492 | $11.1M | $319,707 | $672,432 |
| 2023 | 326 | $9.6M | $96,686 | $551,336 |
| 2022 | 321 | $8.4M | $0 | $537,331 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $46,800 | — | $46,800 |
| GORFINE, SCHILLER & GARDYN, PA | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GORFINE, SCHILLER & GARDYN, PA — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $46,800
- Estimated Expense Ratio: 0.423% 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 | $46,801 | — | $46,801 | — | — |
| 2023 | $40,146 | — | $40,146 | — | — |
| 2022 | $41,802 | — | $41,802 | — | — |