Retirement plan

BERGSTROM-MAHLER MUSEUM RETIREMENT PLAN

Name: BERGSTROM-MAHLER MUSEUM, INC. - BERGSTROM-MAHLER MUSEUM RETIREMENT PLAN (2024) Form 5500
Creator: BERGSTROM-MAHLER MUSEUM, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BERGSTROM-MAHLER MUSEUM RETIREMENT PLAN, BERGSTROM-MAHLER MUSEUM, INC.

BERGSTROM-MAHLER MUSEUM, INC.EIN 39-0958257Plan #001PY 2024

165 N. PARK AVENUE - NEENAH, WI 54956920-751-4658LinkedIn1-10 employeesmuseums and institutions

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$512K

+26.0% from 2023

Total participants

+20.0% from 2023

Average account balance

$36,548

+8.0% from 2023

Annual return

15.68%

-8.58 pp from 2023

Benchmarks

See 10,226 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants<25

Cohort10,226 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$512K

Not enough data

1 years with asset history on file

Average account balance

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

$37K

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.

116.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$42K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+15.68%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2E2F2G2J2T3D

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.
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.
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.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

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

$36,548

$169,336-78.4%

$129,384-71.8%

$145,884-74.9%

Participation rate

66.7%

76.5%-9.8pp

69.6%-3.0pp

80.3%-13.6pp

Annual return

15.68%

14408.70%-14393.0pp

9461.77%-9446.1pp

551.85%-536.2pp

Employer contribution / active EE

$1,554

$5,540-72.0%

$4,153-62.6%

$4,662-66.7%

Participant deferral / active EE

$1,926

$4,985-61.4%

$4,166-53.8%

$6,690-71.2%

Admin fee / account holder

$9,912-100.0%

$7,686-100.0%

$13,392-100.0%

BERGSTROM-MAHLER MUSEUM RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

BERGSTROM-MAHLER MUSEUM 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