Plan Snapshot
- Plan Sponsor: Howard Hughes Medical Institute
- Sponsor EIN: 590735717
- Sponsor Address: 4000 JONES BRIDGE ROAD, CHEVY CHASE, MD, 208156789
- Plan Type: 403(b)
- Total Participants: 2,784
- Total Assets: $2.0B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- 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 | 2,784 | $2.0B | $28.6M | $20.9M |
| 2023 | 2,666 | $1.8B | $26.4M | $19.6M |
| 2022 | 2,154 | $1.6B | $23.9M | $18.0M |
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 |
|---|---|---|---|---|
| TIAA | RECORDKEEPER | $326,276 | — | $326,276 |
| CAP FINANCIAL PARTNERS,LLC | NONE | $46,568 | — | $46,568 |
| PRICEWATERHOUSECOOPERS LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TIAA — RECORDKEEPER
- PRICEWATERHOUSECOOPERS LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $372,844
- Estimated Expense Ratio: 0.019% 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 | $372,844 | $46,568 | $326,276 | — | — |
| 2023 | $295,123 | $37,593 | $257,530 | — | — |
| 2022 | $368,230 | $23,037 | $345,193 | — | — |