Plan Snapshot
- Plan Sponsor: Ceres, INC.
- Sponsor EIN: 223053747
- Sponsor Address: 99 CHAUNCY STREET, BOSTON, MA, 02111
- Plan Type: 403(b)
- Total Participants: 177
- Total Assets: $28.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 177 | $28.0M | $783,361 | $1.9M |
| 2023 | 206 | $22.2M | $778,684 | $2.0M |
| 2022 | 204 | $17.6M | $654,030 | $1.7M |
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 |
|---|---|---|---|---|
| TIAA | NONE | $46,000 | — | $46,000 |
| FIRST NATIONAL ADVISORS LLC | NONE | $8,483 | — | $8,483 |
| CBIZ CPAS P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TIAA — NONE
- FIRST NATIONAL ADVISORS LLC — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $54,483
- Estimated Expense Ratio: 0.195% 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 | $54,484 | — | $54,484 | — | — |
| 2023 | $45,834 | — | $45,834 | — | — |
| 2022 | $41,528 | — | $41,528 | — | — |