Plan Snapshot
- Plan Sponsor: Fermi Research Alliance, LLC
- Sponsor EIN: 571239010
- Sponsor Address: PO BOX 500, BATAVIA, IL, 60510
- Plan Type: 403(b)
- Total Participants: 2,123
- Total Assets: $745.4M
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 | 2,123 | $745.4M | $0 | $20.3M |
| 2023 | 2,241 | $722.0M | $0 | $18.7M |
| 2022 | 1,842 | $659.7M | $0 | $17.0M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | NONE | $60,291 | — | $60,291 |
| CROWE, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $60,291
- Estimated Expense Ratio: 0.008% 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 | $60,713 | — | — | — | — |
| 2023 | $62,290 | — | $1,500 | — | — |
| 2022 | $66,705 | — | $66,705 | — | — |