# University Of Maryland Medical System Corporation 403(b) Plan
Source: https://planprovider.pro/companies/university-of-maryland-medical-system-corporation-403b-plan-005

> University Of Maryland Medical System Corporation&#39;s 403(b) plan: 24,397 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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](https://planprovider.pro/provider/cliftonlarsonallen-llp) — AUDITOR

- [CLIFTON LARSONALLEN LLP](https://planprovider.pro/provider/cliftonlarsonallen-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|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/university-of-maryland-medical-system-corporation-403b-plan-005)

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