Retirement plan

SCIENCENTER DISCOVERY MUSEUM OF ITHACA, NY 403 (B) PLAN

Name: SCIENCENTER DISCOVERY MUSEUM - SCIENCENTER DISCOVERY MUSEUM OF ITHACA, NY 403 (B) PLAN (2018) Form 5500
Creator: SCIENCENTER DISCOVERY MUSEUM
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SCIENCENTER DISCOVERY MUSEUM OF ITHACA, NY 403 (B) PLAN, SCIENCENTER DISCOVERY MUSEUM

SCIENCENTER DISCOVERY MUSEUMEIN 22-2470652Plan #003PY 2018

601 FIRST STREET - ITHACA, NY 14850607-272-0350LinkedIn11-50 employeesmuseums and institutions

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$809K

+0.2% from 2017

Total participants

-2.2% from 2017

Average account balance

$18,383

+2.5% from 2017

Annual return

-6.45%

-25.37 pp from 2017

Benchmarks

See 6,863 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants<25

Cohort6,863 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.12M

Not enough data

1 years with asset history on file

Average account balance

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

$32K

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.

248.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$125K

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

+13.70%

Not enough data

1 years with return on file

Admin fee / account holder

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

$127

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 codes2G2L2T

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.

Opportunity flags

1 tripped

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

$45K

$1875 / participant

Other / not subdivided$45K100.0%

% of EOY assets

5.563%

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

$18,383

$158,852-88.4%

$121,220-84.8%

$135,380-86.4%

Participation rate

100.0%

79.3%+20.7pp

71.8%+28.2pp

82.6%+17.4pp

Annual return

-6.45%

-0.64%-5.8pp

16.94%-23.4pp

519.81%-526.3pp

Employer contribution / active EE

$828

$5,666-85.4%

$4,023-79.4%

$4,779-82.7%

Participant deferral / active EE

$3,175

$4,006-20.7%

$3,345-5.1%

$5,609-43.4%

Admin fee / account holder

$1,023

$6,515-84.3%

$5,021-79.6%

$10,828-90.6%

SCIENCENTER DISCOVERY MUSEUM OF ITHACA, NY 403 (B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SCIENCENTER DISCOVERY MUSEUM OF ITHACA, NY 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