Plan Snapshot
- Plan Sponsor: Museum Of Fine Arts
- Sponsor EIN: 042103607
- Sponsor Address: 465 HUNTINGTON AVE., BOSTON, MA, 021155523
- Plan Type: 403(b)
- Total Participants: 404
- Total Assets: $208.0M
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 | 404 | $208.0M | $2.4M | $2.4M |
| 2023 | 388 | $186.5M | $2.1M | $2.2M |
| 2022 | 390 | $169.0M | $2.0M | $2.1M |
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 |
|---|---|---|---|---|
| FIDUCIENT ADVISORS, LLC | ADVISOR | $41,500 | — | $41,500 |
| AAFCPAS, INC. | PLAN AUDITOR | $31,500 | — | $31,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $73,000
- Estimated Expense Ratio: 0.035% 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 | $73,443 | — | — | $31,500 | — |
| 2023 | $60,132 | — | — | — | — |
| 2022 | $60,421 | — | — | — | — |