Plan Snapshot
- Plan Sponsor: Montclair Kimberley Academy Foundation
- Sponsor EIN: 237365263
- Sponsor Address: 201 VALLEY ROAD, MONTCLAIR, NJ, 07042
- Plan Type: 403(b)
- Total Participants: 246
- Total Assets: $108.4M
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 | 246 | $108.4M | $1.6M | $2.1M |
| 2023 | 242 | $99.0M | $1.5M | $1.8M |
| 2022 | 234 | $88.2M | $1.5M | $1.7M |
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 |
|---|---|---|---|---|
| ONEDIGITAL INVESTMENT ADVISORS | INVESTMENT ADVISOR | $120,148 | — | $120,148 |
| TIAA | CONTRACT ADMIN. | $60,777 | — | $60,777 |
| EISNER AMPER LLP | AUDITOR | $18,375 | — | $18,375 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ONEDIGITAL INVESTMENT ADVISORS — INVESTMENT ADVISOR
- TIAA — CONTRACT ADMIN.
- EISNER AMPER LLP — AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $199,300
- Estimated Expense Ratio: 0.184% 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 | $199,301 | $60,777 | $120,149 | $18,375 | — |
| 2023 | $172,914 | $98,505 | $48,159 | — | — |
| 2022 | $158,324 | $105,232 | $45,742 | — | $7,350 |