Plan Snapshot
- Plan Sponsor: The Ivymount School, INC.
- Sponsor EIN: 521195527
- Sponsor Address: 11614 SEVEN LOCKS RD, ROCKVILLE, MD, 208543261
- Plan Type: 403(b)
- Total Participants: 275
- Total Assets: $24.8M
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 | 275 | $24.8M | $0 | $908,598 |
| 2023 | 272 | $22.8M | $0 | $764,339 |
| 2022 | 258 | $21.1M | $384 | $777,368 |
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 |
|---|---|---|---|---|
| MULLINS P.C. | Auditor | $8,839 | — | $8,839 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $8,839
- Estimated Expense Ratio: 0.036% 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 | $79,175 | $24,136 | $46,200 | $8,839 | — |
| 2023 | $50,434 | $22,235 | $28,199 | — | — |
| 2022 | $30,725 | — | $30,725 | — | — |