Plan Snapshot
- Plan Sponsor: Sanford Burnham Prebys Medical Discovery Institute
- Sponsor EIN: 510197108
- Sponsor Address: 10901 N. TORREY PINES ROAD, LA JOLLA, CA, 92037
- Plan Type: 403(b)
- Total Participants: 493
- Total Assets: $218.6M
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 | 493 | $218.6M | $3.4M | $3.6M |
| 2023 | 484 | $196.4M | $3.0M | $3.2M |
| 2022 | 388 | $167.9M | $2.7M | $3.0M |
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 | Recordkeeper | $64,786 | — | $64,786 |
| MMA SECURITIES LLC | Investment Advisor | $52,869 | — | $52,869 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TIAA — Recordkeeper
- MMA SECURITIES LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $117,655
- Estimated Expense Ratio: 0.054% 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 | $117,655 | $56,627 | — | — | — |
| 2023 | $48,602 | — | — | — | — |
| 2022 | $91,574 | — | — | — | — |