Plan Snapshot
- Plan Sponsor: Mystic Seaport Museum, INC.
- Sponsor EIN: 060653120
- Sponsor Address: 75 GREENMANVILLE AVE, MYSTIC, CT, 06355
- Plan Type: 403(b)
- Total Participants: 222
- Total Assets: $26.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: Yes
- 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 | 222 | $26.8M | $259,498 | $545,641 |
| 2023 | 234 | $26.6M | $227,959 | $550,642 |
| 2022 | 205 | $24.7M | $188,895 | $492,107 |
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 - TEACHERS INS & ANNUITY | Recordkeeper | $11,070 | — | $11,070 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TIAA - TEACHERS INS & ANNUITY — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $11,070
- Estimated Expense Ratio: 0.041% 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 | $11,070 | — | $11,070 | — | — |
| 2023 | $8,339 | — | — | — | — |
| 2022 | $5,863 | — | $5,863 | — | — |