Retirement plan

MALTZ MUSEUM OF JEWISH HERITAGE RETIREMENT PLAN

Name: MALTZ MUSEUM OF JEWISH HERITAGE - MALTZ MUSEUM OF JEWISH HERITAGE RETIREMENT PLAN (2023) 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 2023

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

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$1.2M

+72.4% from 2022

Total participants

-4.2% from 2022

Average account balance

$87,990

+97.0% from 2022

Annual return

71.74%

+84.88 pp from 2022

Benchmarks

See 9,757 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants<25

Cohort9,757 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.07M

Not enough data

1 years with asset history on file

Average account balance

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

$59K

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

$110K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+11.01%

Not enough data

1 years with return on file

Admin fee / account holder

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

$39048

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

$106K

$6604 / participant

Other / not subdivided$106K100.0%

% of EOY assets

8.578%

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

$87,990

$156,927-43.9%

$121,169-27.4%

$139,456-36.9%

Participation rate

43.8%

76.4%-32.7pp

69.5%-25.8pp

80.3%-36.6pp

Annual return

71.74%

1475.85%-1404.1pp

986.71%-915.0pp

373.45%-301.7pp

Employer contribution / active EE

$1,490

$5,542-73.1%

$4,168-64.3%

$4,753-68.7%

Participant deferral / active EE

$5,213

$4,848+7.5%

$4,083+27.7%

$6,711-22.3%

Admin fee / account holder

$7,548

$6,946+8.7%

$5,645+33.7%

$11,407-33.8%

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