Plan Snapshot
- Plan Sponsor: Momentous Institute
- Sponsor EIN: 751855620
- Sponsor Address: 100 E 10TH ST, DALLAS, TX, 752032236
- Plan Type: DC
- Total Participants: 110
- Total Assets: $8.2M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- 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 | 110 | $8.2M | $544,589 | $0 |
| 2023 | 100 | $8.4M | $508,495 | $0 |
| 2022 | 97 | $7.9M | $469,205 | $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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $31,545 | — | $31,545 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $31,545
- Estimated Expense Ratio: 0.384% 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 | $31,545 | — | $31,545 | — | — |
| 2023 | $30,350 | — | $30,350 | — | — |
| 2022 | $29,668 | — | $29,668 | — | — |