Retirement plan

MONTEREY BAY AQUARIUM RESEARCH INSTITUTE 403(B) PLAN

Name: MONTEREY BAY AQUARIUM RESEARCH INSTITUTE - MONTEREY BAY AQUARIUM RESEARCH INSTITUTE 403(B) PLAN (2019) Form 5500
Creator: MONTEREY BAY AQUARIUM RESEARCH INSTITUTE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MONTEREY BAY AQUARIUM RESEARCH INSTITUTE 403(B) PLAN, MONTEREY BAY AQUARIUM RESEARCH INSTITUTE

MONTEREY BAY AQUARIUM RESEARCH INSTITUTEEIN 77-0150580Plan #002PY 2019

7700 SANDHOLT ROAD - MOSS LANDING, CA 95039831-775-1700

Prospect flagsLow returnsHigh assets / participant

How to read this page

Total assets (EOY)

$105M

+18.5% from 2018

Total participants

257

+2.4% from 2018

Average account balance

$410,033

+15.3% from 2018

Annual return

19.93%

+23.79 pp from 2018

Benchmarks

See 5,552 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,552 peers

Snapshot2019

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$126.57M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$411K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

308

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

82.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.47M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$20K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+13.15%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$-90

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 3 by compensation

Provider	Service type	Compensation
STRATEGIC ADVISORS, INC.4 years Service code 27 · EIN 04-2654524	Advisory (Plan)	$48,241
LION STREET ADVISORS LLC1 year Filed as: LION STREET ADVISORS, LLC Service code 16 · EIN 80-0946231	Consulting	$29,792
FIDELITY INVESTMENTS INSTITUTIONAL5+ years Service code 37 · EIN 04-2647786	Loan Processing	-$79,718

Plan features & details

Pension benefit codes2G2J2L2M2R2S

Plan features

2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.

Opportunity flags

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

-$9K

$-47 / participant

Investment mgmt$48K0.0%

% of EOY assets

-0.008%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: RYAN & MCDONALD LLP
Auditor EIN: 770583407
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$410,033

$89,652+357.4%

$141,197+190.4%

$65,186+529.0%

Participation rate

99.5%

74.7%+24.8pp

82.5%+17.0pp

70.2%+29.3pp

Annual return

19.93%

32.79%-12.9pp

71.41%-51.5pp

29.39%-9.5pp

Employer contribution / active EE

$12,366

$3,065+303.5%

$4,736+161.1%

$2,177+468.1%

Participant deferral / active EE

$10,633

$5,691+86.8%

$6,710+58.5%

$3,514+202.6%

Admin fee / account holder

-$35

$569-106.1%

$10,265-100.3%

$847-104.1%

Provider

Service type

Compensation

STRATEGIC ADVISORS, INC.4 years

Service code 27 · EIN 04-2654524

Advisory (Plan)

$48,241

LION STREET ADVISORS LLC1 year

Filed as: LION STREET ADVISORS, LLC

Service code 16 · EIN 80-0946231

Consulting

$29,792

FIDELITY INVESTMENTS INSTITUTIONAL5+ years

Service code 37 · EIN 04-2647786

Loan Processing

-$79,718

MONTEREY BAY AQUARIUM RESEARCH INSTITUTE 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MONTEREY BAY AQUARIUM RESEARCH INSTITUTE 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion