Plan Snapshot
- Plan Sponsor: The Mitre Corporation
- Sponsor EIN: 042239742
- Sponsor Address: MS - N655 - TAX, MCLEAN, VA, 22102
- Plan Type: 403(b)
- Total Participants: 12,114
- Total Assets: $5.1B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 12,114 | $5.1B | $26.4M | $170.3M |
| 2023 | 12,379 | $4.7B | $25.3M | $169.9M |
| 2022 | 12,806 | $4.1B | $22.9M | $159.0M |
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 |
|---|---|---|---|---|
| FID INV INST OPS CO | RECORDKEEPER | $512,454 | — | $512,454 |
| STRATEGIC ADVISORS, INC | ADVISOR | $456,267 | — | $456,267 |
| TIAA | RECORDKEEPER | $163,373 | — | $163,373 |
| CAPFINANCIAL PARTNERS | PLAN SPONSOR | $48,750 | — | $48,750 |
| BDO USA, LLP | ACCOUNTING/AUDIT | $40,550 | — | $40,550 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FID INV INST OPS CO — RECORDKEEPER
- STRATEGIC ADVISORS, INC — ADVISOR
- TIAA — RECORDKEEPER
- BDO USA, LLP — ACCOUNTING/AUDIT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,221,394
- Estimated Expense Ratio: 0.024% 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 | $1,221,394 | $468,501 | $106,692 | $40,550 | — |
| 2023 | $1,260,922 | $53,150 | — | $709,291 | — |
| 2022 | $102,942 | $15,271 | $87,671 | — | — |