Retirement plan

MALTZ MUSEUM OF JEWISH HERITAGE RETIREMENT PLAN

Name: MALTZ MUSEUM OF JEWISH HERITAGE - MALTZ MUSEUM OF JEWISH HERITAGE RETIREMENT PLAN (2022) 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 2022

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

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$714K

+2.9% from 2021

Total participants

-14.3% from 2021

Average account balance

$44,654

-9.9% from 2021

Annual return

-13.14%

-30.80 pp from 2021

Benchmarks

See 8,947 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants<25

Cohort8,947 peers

Snapshot2022

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

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

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

$44,654

$152,597-70.7%

$117,533-62.0%

$134,532-66.8%

Participation rate

55.6%

77.1%-21.6pp

70.6%-15.0pp

81.2%-25.7pp

Annual return

-13.14%

53.04%-66.2pp

29.77%-42.9pp

418.27%-431.4pp

Employer contribution / active EE

$1,338

$5,576-76.0%

$4,179-68.0%

$4,741-71.8%

Participant deferral / active EE

$4,856

$4,821+0.7%

$4,072+19.2%

$6,401-24.1%

Admin fee / account holder

$7,007-100.0%

$5,647-100.0%

$11,429-100.0%

MALTZ MUSEUM OF JEWISH HERITAGE RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

MALTZ MUSEUM OF JEWISH HERITAGE RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion