Plan Snapshot
- Plan Sponsor: The Young Men'S Christian Association Of Frederick County Maryland, In
- Sponsor EIN: 520607953
- Sponsor Address: 1000 N. MARKET STREET, FREDERICK, MD, 21701
- Plan Type: Health & Welfare
- Plan Number: 503
- Total Participants: 80
- Total Assets: $263,475
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 80 | $263,475 | $0 | $0 |
| 2024 | 74 | $381,922 | $938,841 | $196,841 |
| 2023 | 68 | $387,762 | $748,079 | $192,841 |
| 2022 | 64 | $323,180 | $673,779 | $198,519 |
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 |
|---|---|---|---|---|
| THE BENECON GROUP, LLC | Investment Advisor | $73,151 | — | $73,151 |
| CAREFIRST ADMINISTRATORS | Other Service Provider | $45,948 | — | $45,948 |
| THE CAPITAL GROUP, LLC | Investment Advisor | $42,968 | — | $42,968 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $162,067
- Estimated Expense Ratio: 61.511% 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 |
|---|---|---|---|---|---|
| 2025 | $1,394,690 | — | — | — | — |
| 2024 | $1,183,270 | — | — | — | — |
| 2023 | $877,155 | — | — | — | — |
| 2022 | $675,200 | — | — | — | — |