Plan Snapshot
- Plan Sponsor: Board Of Trustees, California Institute Of Technology
- Sponsor EIN: 376581075
- Sponsor Address: 1843 HOTEL CIR S STE 300, SAN DIEGO, CA, 92108
- Plan Type: Health & Welfare
- Plan Number: 603
- Total Participants: 0
- Total Assets: $491.3M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 0 | $491.3M | $18.8M | $2.5M |
| 2023 | 0 | $243.1M | $24.7M | $3.1M |
| 2022 | 0 | $199.8M | $24.0M | $3.5M |
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 |
|---|---|---|---|---|
| MERCER INVESTMENT MANAGEMENT | Investment Advisor | $581,416 | — | $581,416 |
| APTIA INSURANCE SERVICES GROUP, LLC | Other Service Provider | $175,915 | — | $175,915 |
| RISK PROGRAM ADMINISTRATORS LLC | Other Service Provider | $120,000 | — | $120,000 |
| MILLER KAPLAN ARASE LLP | Auditor | $41,430 | — | $41,430 |
| MERCER HEALTH & BENEFITS ADMIN. LLC | Other Service Provider | $15,102 | — | $15,102 |
| NORTHERN TRUST | Other Service Provider | $10,014 | — | $10,014 |
| STATE STREET RESEARCH & MANAGEMENT | Other Service Provider | $8,223 | — | $8,223 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MERCER INVESTMENT MANAGEMENT — Investment Advisor
- MILLER KAPLAN ARASE LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $952,100
- Estimated Expense Ratio: 0.194% 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 | $976,750 | $589,638 | $311,017 | $41,430 | — |
| 2023 | $896,316 | $533,417 | $295,192 | $32,950 | — |
| 2022 | $837,050 | $505,553 | $267,272 | — | $31,900 |