Plan Snapshot
- Plan Sponsor: Lundquist Institute For Biomedical Innovation
- Sponsor EIN: 952138184
- Sponsor Address: 1124 W. CARSON STREET, TORRANCE, CA, 905022006
- Plan Type: 403(b)
- Plan Number: 002
- Total Participants: 123
- Total Assets: $51.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 123 | $51.2M | $535,191 | $0 |
| 2023 | 119 | $50.2M | $574,421 | $0 |
| 2022 | 112 | $45.2M | $0 | $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 |
|---|---|---|---|---|
| WINDES, INC. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $2,679 | — | $2,679 | — | — |
| 2023 | $2,217 | — | $2,217 | — | — |
| 2022 | $2,304 | — | $2,304 | — | — |