2023 Form 5500 filing — Maryland Institute College Of Art Defined Contribution 403(B) Retirement Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241015140310NAL0028691473001) for Maryland Institute College Of Art Defined Contribution 403(B) Retirement Plan, reported by Maryland Institute College Of Art under EIN 52-0591661 and plan number 001. It reports 1,270 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015140310NAL0028691473001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Maryland Institute College Of Art
- EIN
- 52-0591661
- Plan number
- 001
- Location
- Baltimore, MD
- Participants
- 1,270
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $112,205,496
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $112,205,496
- Employer contributions
- $2,659,249
- Participant contributions
- $2,959,022
- Total income / additions
- $20,993,820
- Benefits paid
- $6,986,751
- Administrative expenses
- $146,405
- Total expenses
- $7,135,215
- Net increase / (decrease)
- $13,858,605
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Tiaa | SERVICE PROVIDER | $64,832 | $0 |
| Cbiz Retirement Plan Services | CONTRACT ADMINISTRATOR | $33,822 | not reported in the loaded dataset |
| Cbiz Investment Advisory Services L | FINANCIAL ADVISOR | $31,050 | not reported in the loaded dataset |
| Sb & Company, LLC | AUDITOR | $17,500 | not reported in the loaded dataset |