Plan Snapshot
- Plan Sponsor: Biomed Realty, L.P.
- Sponsor EIN: 201320636
- Sponsor Address: 4570 EXECUTIVE DRIVE, SAN DIEGO, CA, 921213074
- Plan Type: 401(k)
- Total Participants: 306
- Total Assets: $55.3M
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 | 306 | $55.3M | $2.6M | $4.2M |
| 2023 | 302 | $42.7M | $2.5M | $3.9M |
| 2022 | 284 | $33.8M | $981,409 | $3.0M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $118,254 | — | $118,254 |
| 401(K) ADVISORS INC | INVESTMENT ADVISORY | — | $64,485 | $64,485 |
| CBIZ CPAS P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- 401(K) ADVISORS INC — INVESTMENT ADVISORY
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $182,739
- Estimated Expense Ratio: 0.331% 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 | $118,254 | — | $118,254 | — | — |
| 2023 | $128,436 | — | $128,436 | — | — |
| 2022 | $158,033 | — | $158,033 | — | — |