Retirement plan

MALTZ MUSEUM OF JEWISH HERITAGE RETIREMENT PLAN

Name: MALTZ MUSEUM OF JEWISH HERITAGE - MALTZ MUSEUM OF JEWISH HERITAGE RETIREMENT PLAN (2024) Form 5500
Creator: MALTZ MUSEUM OF JEWISH HERITAGE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MALTZ MUSEUM OF JEWISH HERITAGE RETIREMENT PLAN, MALTZ MUSEUM OF JEWISH HERITAGE

MALTZ MUSEUM OF JEWISH HERITAGEEIN 04-3684531Plan #001PY 2024

2929 RICHMOND RD. - BEACHWOOD, OH 44122216-593-0575

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$1.5M

+21.3% from 2023

Total participants

+21.7% from 2023

Average account balance

$83,043

-5.6% from 2023

Annual return

12.77%

-58.97 pp from 2023

Benchmarks

See 10,234 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants<25

Cohort10,234 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.49M

Not enough data

1 years with asset history on file

Average account balance

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

$83K

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.

90.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$123K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+12.77%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1198

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J2L3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
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.
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

$22K

$1078 / participant

Other / not subdivided$22K100.0%

% of EOY assets

1.443%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$83,043

$169,361-51.0%

$129,397-35.8%

$145,877-43.1%

Participation rate

50.0%

76.5%-26.5pp

69.6%-19.6pp

80.3%-30.3pp

Annual return

12.77%

14395.54%-14382.8pp

9453.98%-9441.2pp

551.28%-538.5pp

Employer contribution / active EE

$1,338

$5,542-75.9%

$4,154-67.8%

$4,663-71.3%

Participant deferral / active EE

$4,797

$4,987-3.8%

$4,167+15.1%

$6,691-28.3%

Admin fee / account holder

$1,198

$9,903-87.9%

$7,679-84.4%

$13,402-91.1%

MALTZ MUSEUM OF JEWISH HERITAGE RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MALTZ MUSEUM OF JEWISH HERITAGE RETIREMENT 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