Plan Snapshot
- Plan Sponsor: University Of Maryland Medical System Corporation
- Sponsor EIN: 521362793
- Sponsor Address: 250 WEST PRATT STREET,STE 2400, BALTIMORE, MD, 21201
- Plan Type: 403(b)
- Total Participants: 24,397
- Total Assets: $730.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: Yes
- 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 | 24,397 | $730.5M | $32.6M | $86.3M |
| 2023 | 19,560 | $559.3M | $24.4M | $73.2M |
| 2022 | 20,496 | $417.9M | $17.5M | $55.0M |
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 | $993,735 | — | $993,735 |
| CLIFTONLARSONALLEN LLP | AUDITOR | $26,360 | — | $26,360 |
| CLIFTON LARSONALLEN LLP | Auditor | $26,360 | — | $26,360 |
| NFP RETIREMENT INC | INVESTMENT ADVISOR | $12,741 | — | $12,741 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CLIFTONLARSONALLEN LLP — AUDITOR
- CLIFTON LARSONALLEN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,059,196
- Estimated Expense Ratio: 0.145% 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 | $1,055,097 | $12,741 | $10,922 | $26,360 | — |
| 2023 | $211,727 | $46,544 | $101,299 | $41,148 | — |
| 2022 | $104,575 | $7,155 | $70,082 | — | $18,263 |