Plan Snapshot
- Plan Sponsor: The Urban Institute
- Sponsor EIN: 520880375
- Sponsor Address: 500 L'ENFANT PLAZA SW, WASHINGTON, DC, 20024
- Plan Type: 403(b)
- Total Participants: 653
- Total Assets: $329.9M
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 | 653 | $329.9M | $6.5M | $6.9M |
| 2023 | 630 | $296.2M | $5.7M | $6.3M |
| 2022 | 619 | $260.3M | $5.0M | $5.7M |
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 |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS | RECORDKEEPER | $106,605 | — | $106,605 |
| MERCER | INVESTMENT ADVISOR | $49,307 | — | $49,307 |
| BDO USA, P.C. | AUDITOR | $28,130 | — | $28,130 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS — RECORDKEEPER
- BDO USA, P.C. — AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $184,042
- Estimated Expense Ratio: 0.056% 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 | $209,276 | $49,307 | — | $28,130 | — |
| 2023 | $260,204 | $54,360 | — | $20,000 | — |
| 2022 | $238,631 | $40,000 | — | — | $24,352 |