Retirement plan

MONTEREY BAY AQUARIUM RESEARCH INSTITUTE 403(B) PLAN

Name: MONTEREY BAY AQUARIUM RESEARCH INSTITUTE - MONTEREY BAY AQUARIUM RESEARCH INSTITUTE 403(B) PLAN (2023) 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 2023

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

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$124.1M

+16.8% from 2022

Total participants

283

+7.2% from 2022

Average account balance

$447,913

+10.9% from 2022

Annual return

18.12%

+33.97 pp from 2022

Benchmarks

See 6,228 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort6,228 peers

Snapshot2023

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.8 years Service code 27 · EIN 04-2654524	Advisory (Plan)	$67,914
LION STREET ADVISORS LLC5 years Filed as: LION STREET ADVISORS, LLC Service code 16 · EIN 80-0946231	Consulting	$27,500
MOSS ADAMS LLP3 years Service code 10 · EIN 91-0189318	Accounting	$16,274
FIDELITY INVESTMENTS INSTITUTIONAL9+ years Service code 37 · EIN 04-2647786	Loan Processing	-$125,499

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

1 tripped

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

Expense breakdown

Schedule H Part II

Admin total

-$14K

$-69 / participant

Investment mgmt$68K0.0%

% of EOY assets

-0.011%

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: $16,274
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$447,913

$91,474+389.7%

$135,982+229.4%

$71,529+526.2%

Participation rate

97.0%

75.7%+21.3pp

81.9%+15.1pp

67.9%+29.1pp

Annual return

18.12%

29.89%-11.8pp

68.32%-50.2pp

28.97%-10.8pp

Employer contribution / active EE

$13,212

$3,705+256.6%

$4,859+171.9%

$2,590+410.2%

Participant deferral / active EE

$11,445

$7,095+61.3%

$7,760+47.5%

$4,291+166.7%

Admin fee / account holder

-$50

$1,267-103.9%

$10,767-100.5%

$1,588-103.1%

Provider

Service type

Compensation

STRATEGIC ADVISORS, INC.8 years

Service code 27 · EIN 04-2654524

Advisory (Plan)

$67,914

LION STREET ADVISORS LLC5 years

Filed as: LION STREET ADVISORS, LLC

Service code 16 · EIN 80-0946231

Consulting

$27,500

MOSS ADAMS LLP3 years

Service code 10 · EIN 91-0189318

Accounting

$16,274

FIDELITY INVESTMENTS INSTITUTIONAL9+ years

Service code 37 · EIN 04-2647786

Loan Processing

-$125,499

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