Retirement plan

PLIMOTH PATUXET MUSEUMS, INC. TAX SHELTERED ANNUITY PLAN

Name: PLIMOTH PATUXET MUSEUMS, INC. - PLIMOTH PATUXET MUSEUMS, INC. TAX SHELTERED ANNUITY PLAN (2023) Form 5500
Creator: PLIMOTH PATUXET MUSEUMS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PLIMOTH PATUXET MUSEUMS, INC. TAX SHELTERED ANNUITY PLAN, PLIMOTH PATUXET MUSEUMS, INC.

PLIMOTH PATUXET MUSEUMS, INC.EIN 04-2210750Plan #003PY 2023

PO BOX 1620 - PLYMOUTH, MA 023621620508-746-1622LinkedIn51-200 employeesmuseums and institutions

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$3M

+12.3% from 2022

Total participants

147

-8.1% from 2022

Average account balance

$30,021

+19.1% from 2022

Annual return

14.65%

+32.58 pp from 2022

Benchmarks

See 3,103 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants25-99

Cohort3,103 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.08M

Not enough data

1 years with asset history on file

Average account balance

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

$47K

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.

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.

42.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$119K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+10.61%

Not enough data

1 years with return on file

Admin fee / account holder

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

$560

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
NATIONWIDE9+ years Service code 13 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Contract Administrator	$15,818
AMERICAN FUNDS7 years Filed as: CAPITAL ANALYSTS, INC. Service code 27 · EIN 45-5025285 601 OFFICE CENTER DR · FORT WASHINGTON, PA 19034	Advisory (Plan)	$14,049
ASCENSUS LLC1 year Filed as: THE HILB GROUP OF NEW ENGLAND Service code 13 · EIN 27-1207016 2000 CHAPEL VIEW BLVD · CRANSTON, RI 02920	Contract Administrator	$6,094

Plan features & details

Pension benefit codes2E2G3D2M

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$36K

$398 / participant

Recordkeeping$36K100.0%

% of EOY assets

1.192%

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: LEONARD, MULHERIN & GREENE, PC
Auditor EIN: 043108635
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$30,021

$49,199-39.0%

$121,204-75.2%

$75,173-60.1%

Participation rate

47.8%

55.4%-7.7pp

69.5%-21.8pp

67.2%-19.4pp

Annual return

14.65%

56.04%-41.4pp

987.18%-972.5pp

160.72%-146.1pp

Employer contribution / active EE

$1,547-100.0%

$4,170-100.0%

$2,671-100.0%

Participant deferral / active EE

$1,278

$2,630-51.4%

$4,083-68.7%

$4,126-69.0%

Admin fee / account holder

$358

$3,946-90.9%

$5,651-93.7%

Provider

Service type

Compensation

NATIONWIDE9+ years

Service code 13

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Contract Administrator

$15,818

AMERICAN FUNDS7 years

Filed as: CAPITAL ANALYSTS, INC.

Service code 27 · EIN 45-5025285

601 OFFICE CENTER DR · FORT WASHINGTON, PA 19034

Advisory (Plan)

$14,049

ASCENSUS LLC1 year

Filed as: THE HILB GROUP OF NEW ENGLAND

Service code 13 · EIN 27-1207016

2000 CHAPEL VIEW BLVD · CRANSTON, RI 02920

Contract Administrator

$6,094

PLIMOTH PATUXET MUSEUMS, INC. TAX SHELTERED ANNUITY PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PLIMOTH PATUXET MUSEUMS, INC. TAX SHELTERED ANNUITY 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