Retirement plan

MONTEREY BAY AQUARIUM RESEARCH INSTITUTE 403(B) PLAN

Name: MONTEREY BAY AQUARIUM RESEARCH INSTITUTE - MONTEREY BAY AQUARIUM RESEARCH INSTITUTE 403(B) PLAN (2021) 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 2021

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

Prospect flagsLow returnsHigh assets / participant

How to read this page

Total assets (EOY)

$127.9M

+9.9% from 2020

Total participants

267

+1.9% from 2020

Average account balance

$484,599

+8.2% from 2020

Annual return

12.76%

-2.15 pp from 2020

Benchmarks

See 5,715 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,715 peers

Snapshot2021

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 4 by compensation

Provider	Service type	Compensation
STRATEGIC ADVISORS, INC.6 years Service code 27 · EIN 04-2654524	Advisory (Plan)	$59,014
LION STREET ADVISORS LLC3 years Filed as: LION STREET ADVISORS, LLC Service code 16 · EIN 80-0946231	Consulting	$40,625
MOSS ADAMS LLP1 year Service code 10 · EIN 91-0189318	Accounting	$12,201
FIDELITY INVESTMENTS INSTITUTIONAL7+ years Service code 37 · EIN 04-2647786	Loan Processing	-$139,440

Plan features & details

Pension benefit codes2G2J2S2L2M

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.
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

-$28K

$-147 / participant

Investment mgmt$59K0.0%

% of EOY assets

-0.022%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$484,599

$104,479+363.8%

$159,474+203.9%

$79,391+510.4%

Participation rate

98.4%

76.6%+21.8pp

82.8%+15.6pp

70.7%+27.7pp

Annual return

12.76%

67.98%-55.2pp

263.68%-250.9pp

116.88%-104.1pp

Employer contribution / active EE

$13,245

$3,417+287.6%

$4,831+174.2%

$2,428+445.6%

Participant deferral / active EE

$11,836

$6,468+83.0%

$7,353+61.0%

$4,046+192.5%

Admin fee / account holder

-$105

$711-114.7%

$10,802-101.0%

$627-116.7%

Provider

Service type

Compensation

STRATEGIC ADVISORS, INC.6 years

Service code 27 · EIN 04-2654524

Advisory (Plan)

$59,014

LION STREET ADVISORS LLC3 years

Filed as: LION STREET ADVISORS, LLC

Service code 16 · EIN 80-0946231

Consulting

$40,625

MOSS ADAMS LLP1 year

Service code 10 · EIN 91-0189318

Accounting

$12,201

FIDELITY INVESTMENTS INSTITUTIONAL7+ years

Service code 37 · EIN 04-2647786

Loan Processing

-$139,440

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