Plan Snapshot
- Plan Sponsor: The Monterey Bay Aquarium Foundation
- Sponsor EIN: 942487469
- Sponsor Address: 886 CANNERY ROW, MONTEREY, CA, 93940
- Plan Type: 403(b)
- Total Participants: 582
- Total Assets: $104.6M
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 | 582 | $104.6M | $3.5M | $4.2M |
| 2023 | 525 | $100.4M | $2.6M | $3.7M |
| 2022 | 489 | $90.0M | $2.2M | $3.2M |
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 | $76,684 | — | $76,684 |
| SAGEVIEW ADVISORY GROUP, LLC | INVESTMENT ADVISOR | $66,106 | — | $66,106 |
| HOOD & STRONG LLP | AUDITOR | $19,315 | — | $19,315 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $16,528 | — | $16,528 |
| RELATION INSURANCE SERVICES | NONE | $6,500 | — | $6,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FID INV INST OPS CO — RECORDKEEPER
- SAGEVIEW ADVISORY GROUP, LLC — INVESTMENT ADVISOR
- HOOD & STRONG LLP — AUDITOR
- STRATEGIC ADVISORS, INC. — ADVISOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $185,133
- Estimated Expense Ratio: 0.177% 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 | $187,322 | $82,634 | — | $19,315 | — |
| 2023 | $192,586 | $17,906 | — | $24,695 | — |
| 2022 | $197,999 | $83,481 | — | — | — |