Maryland Management Company 401(K) Profit Sharing Plan — Form 5500 plan (The Maryland Management Company)
Plain-English plan 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, Maryland Management Company 401(K) Profit Sharing Plan is a benefit plan reported by The Maryland Management Company under EIN 52-0577857 and plan number 001. The latest loaded filing year is 2023. The filing reports 244 participants and $15,096,455 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- The Maryland Management Company
- EIN
- 52-0577857
- Plan number
- 001
- Plan type
- 3
- Location
- Hanover, MD
- Latest filing year
- 2023
- Participants
- 244
- End-of-year plan assets
- $15,096,455
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 244 | H, C | 20240912072620NAL0016475506001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $15,096,455
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $15,096,455
- Net assets (BOY)
- $12,484,217
Income & contributions
- Employer contributions
- $112,837
- Participant contributions
- $629,732
- Total contributions
- $742,569
- Total income / additions
- $3,118,292
Expenses & distributions
- Benefits paid
- $474,592
- Administrative expenses
- $31,462
- Total expenses
- $506,054
- Net increase / (decrease)
- $2,612,238
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Co | RECORDKEEPER | $31,763 | $0 | 2023 |
| Pollard & Associates | CONTRACT ADMIN | $4,955 | $6,724 | 2023 |
| Mmlis | BROKER/ADVISOR | $0 | $5,331 | 2023 |