Plan Snapshot
- Plan Sponsor: World Relief
- Sponsor EIN: 236393344
- Sponsor Address: 1220B E JOPPA RD., TOWSON, MD, 21286
- Plan Type: 401(k)
- Total Participants: 1,211
- Total Assets: $36.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- 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 | 1,211 | $36.5M | $2.1M | $4.0M |
| 2023 | 898 | $28.2M | $1.7M | $2.9M |
| 2022 | 662 | $21.1M | $1.2M | $2.0M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $76,384 | — | $76,384 |
| GREENSPRING ADVISORS | INVESTMENT ADVISOR | $51,631 | — | $51,631 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $11,196 | — | $11,196 |
| TAIT WELLER BAKER | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- GREENSPRING ADVISORS — INVESTMENT ADVISOR
- STRATEGIC ADVISORS, INC. — ADVISOR
- TAIT WELLER BAKER — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $139,211
- Estimated Expense Ratio: 0.381% 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 | $139,211 | $62,827 | — | — | — |
| 2023 | $94,856 | $6,380 | — | — | — |
| 2022 | $99,543 | $6,619 | — | — | — |