Plan Snapshot
- Plan Sponsor: Woods Hole Oceanographic Institution
- Sponsor EIN: 042105850
- Sponsor Address: 266 WOODS HOLE RD, MS #15, WOODS HOLE, MA, 02543
- Plan Type: 403(b)
- Total Participants: 1,466
- Total Assets: $268.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 1,466 | $268.6M | $11.0M | $11.6M |
| 2023 | 1,384 | $229.6M | $10.5M | $9.8M |
| 2022 | 1,343 | $196.1M | $8.7M | $9.3M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | Other Service Provider | $114,037 | — | $114,037 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $114,037
- Estimated Expense Ratio: 0.042% 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 | $103,919 | $1,910 | — | — | — |
| 2023 | $111,504 | — | — | — | — |
| 2022 | $139,018 | — | $139,018 | — | — |