Plan Snapshot
- Plan Sponsor: California Institute Of Technology
- Sponsor EIN: 951643307
- Sponsor Address: 1200 E. CALIFORNIA BLVD,, PASADENA, CA, 91125
- Plan Type: 403(b)
- Total Participants: 10,047
- Total Assets: $5.2B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 10,047 | $5.2B | $147.0M | $12.2M |
| 2023 | 10,991 | $4.8B | $149.6M | $13.0M |
| 2022 | 10,673 | $4.2B | $140.5M | $13.3M |
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 INVESTMENTS LLC | NONE | $274,464 | — | $274,464 |
| TIAA | NONE | $197,235 | — | $197,235 |
| MILLER KAPLAN ARASE LLP | NONE | $15,100 | — | $15,100 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TIAA — NONE
- MILLER KAPLAN ARASE LLP — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $486,799
- Estimated Expense Ratio: 0.009% 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 | $486,799 | $274,464 | $54,737 | $15,100 | — |
| 2023 | $542,976 | $498,903 | $15,648 | $14,700 | — |
| 2022 | $929,414 | $367,502 | — | — | $14,000 |