Plan Snapshot
- Plan Sponsor: Woods Hole Oceanographic Institution
- Sponsor EIN: 042105850
- Sponsor Address: 266 WOODS HOLE ROAD, MS#15, WOODS HOLE, MA, 02543
- Plan Type: 401(k)
- Plan Number: 502
- Total Participants: 786
- Total Assets: $9.2M
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 | 786 | $9.2M | $4.9M | $4.2M |
| 2023 | 1,582 | $10.2M | $3.7M | $4.1M |
| 2022 | 1,487 | $11.3M | $6.1M | $3.9M |
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 |
|---|---|---|---|---|
| BLUE CROSS BLUE SHIELD OF MASS | Other Service Provider | $39,962 | — | $39,962 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $39,962
- Estimated Expense Ratio: 0.436% 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 | $548,674 | $29,264 | $519,410 | — | — |
| 2023 | $699,693 | $27,823 | $671,870 | — | — |
| 2022 | $540,740 | $25,217 | $515,523 | — | — |