Plan Snapshot
- Plan Sponsor: University Of Maryland Faculty Physicians, INC.
- Sponsor EIN: 521299563
- Sponsor Address: 250 WEST PRATT STREET, SUITE 901, BALTIMORE, MD, 21201
- Plan Type: DC
- Plan Number: 001
- Total Participants: 1,333
- Total Assets: $114.2M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 1,333 | $114.2M | $7.7M | $0 |
| 2023 | 1,269 | $106.1M | $6.6M | $0 |
| 2022 | 1,157 | $93.3M | $6.2M | $0 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $91,361 | — | $91,361 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $91,361
- Estimated Expense Ratio: 0.080% 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 | $92,111 | — | — | — | — |
| 2023 | $82,984 | — | — | — | — |
| 2022 | $78,108 | — | $26,480 | — | — |