Plan Snapshot
- Plan Sponsor: Trustees Of The Mid Atlantic Regional Health Fund
- Sponsor EIN: 251347607
- Sponsor Address: 5735 INDUSTRY LANE BLDG C, FREDERICK, MD, 21704
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 3,798
- Total Assets: $2.7M
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. |
|---|---|---|---|---|
| 2024 | 3,798 | $2.7M | $15,583 | $144,386 |
| 2023 | 3,877 | $2.6M | $12,690 | $150,142 |
| 2022 | 4,033 | $2.3M | $11,619 | $160,141 |
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 |
|---|---|---|---|---|
| MID ATLANTIC REGIONAL BOARD | Other Service Provider | $107,190 | — | $107,190 |
| UNITED BANK | Other Service Provider | $16,006 | — | $16,006 |
| MARKOWITZ & RICHMAN | Other Service Provider | $7,000 | — | $7,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $130,196
- Estimated Expense Ratio: 4.747% 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 | $137,108 | $16,006 | — | — | — |
| 2023 | $143,323 | $14,496 | — | $12,446 | — |
| 2022 | $143,739 | $13,136 | — | — | $17,200 |