Plan Snapshot
- Plan Sponsor: The Mitre Corporation
- Sponsor EIN: 042239742
- Sponsor Address: MS - N655 - TAX, MCLEAN, VA, 22102
- Plan Type: 401(k)
- Plan Number: 542
- Total Participants: 7,027
- Total Assets: $72.2M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 7,027 | $72.2M | $114.1M | $30.9M |
| 2023 | 7,290 | $63.2M | $126.3M | $30.4M |
| 2022 | 7,032 | $59.6M | $113.3M | $28.4M |
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 |
|---|---|---|---|---|
| AETNA HEALTH | Other Service Provider | $3,009,251 | — | $3,009,251 |
| FIDELITY INST ASSET MGMT | Investment Advisor | $105,844 | — | $105,844 |
| WILLIS TOWERS WATSON US LLC | Recordkeeper | $61,903 | — | $61,903 |
| BDO USA LLP | Auditor | $31,750 | — | $31,750 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WILLIS TOWERS WATSON US LLC — Recordkeeper
- BDO USA LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,208,748
- Estimated Expense Ratio: 4.447% 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 | $6,707,335 | $105,844 | $3,009,251 | $31,750 | — |
| 2023 | $6,905,377 | $65,510 | $3,220,261 | $30,750 | — |
| 2022 | $7,306,954 | $52,653 | $5,336,999 | — | $89,350 |