Retirement plan

MONTEREY BAY AQUARIUM RESEARCH INSTITUTE 403(B) PLAN

Name: MONTEREY BAY AQUARIUM RESEARCH INSTITUTE - MONTEREY BAY AQUARIUM RESEARCH INSTITUTE 403(B) PLAN (2020) 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 2020

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

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$116.4M

+10.9% from 2019

Total participants

262

+1.9% from 2019

Average account balance

$447,840

+9.2% from 2019

Annual return

14.91%

-5.02 pp from 2019

Benchmarks

See 5,591 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,591 peers

Snapshot2020

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.5 years Service code 27 · EIN 04-2654524	Advisory (Plan)	$50,722
LION STREET ADVISORS LLC2 years Filed as: LION STREET ADVISORS, LLC Service code 16 · EIN 80-0946231	Consulting	$22,542
FIDELITY INVESTMENTS INSTITUTIONAL6+ years Service code 37 · EIN 04-2647786	Loan Processing	-$106,462

Plan features & details

Pension benefit codes2G2J2S2L2M2R

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

1 tripped

InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

-$33K

$-175 / participant

Investment mgmt$51K0.0%

% of EOY assets

-0.029%

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: MOSS ADAMS LLP
Auditor EIN: 910189318
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$447,840

$99,957+348.0%

$149,745+199.1%

$73,497+509.3%

Participation rate

98.9%

75.7%+23.2pp

82.5%+16.5pp

70.7%+28.3pp

Annual return

14.91%

53.87%-39.0pp

276.72%-261.8pp

28.51%-13.6pp

Employer contribution / active EE

$12,962

$3,191+306.2%

$4,646+179.0%

$2,270+471.0%

Participant deferral / active EE

$11,058

$6,073+82.1%

$6,843+61.6%

$3,740+195.7%

Admin fee / account holder

-$128

$551-123.2%

$9,312-101.4%

$513-124.9%

Provider

Service type

Compensation

STRATEGIC ADVISORS, INC.5 years

Service code 27 · EIN 04-2654524

Advisory (Plan)

$50,722

LION STREET ADVISORS LLC2 years

Filed as: LION STREET ADVISORS, LLC

Service code 16 · EIN 80-0946231

Consulting

$22,542

FIDELITY INVESTMENTS INSTITUTIONAL6+ years

Service code 37 · EIN 04-2647786

Loan Processing

-$106,462

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