Plan Snapshot
- Plan Sponsor: Fermi Research Alliance, LLC
- Sponsor EIN: 571239010
- Sponsor Address: P.O. BOX 500, BATAVIA, IL, 60510
- Plan Type: DC
- Total Participants: 1,724
- Total Assets: $796.0M
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 | 1,724 | $796.0M | $21.5M | $0 |
| 2023 | 1,782 | $750.9M | $20.4M | $0 |
| 2022 | 1,685 | $669.3M | $18.5M | $0 |
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 | $71,809 | — | $71,809 |
| 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: $71,809
- 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 | $71,809 | — | $300 | — | — |
| 2023 | $74,834 | — | $2,700 | — | — |
| 2022 | $77,251 | — | $77,251 | — | — |