Retirement plan

BERGSTROM-MAHLER MUSEUM RETIREMENT PLAN

Name: BERGSTROM-MAHLER MUSEUM, INC. - BERGSTROM-MAHLER MUSEUM RETIREMENT PLAN (2019) 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 2019

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

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$627K

+29.6% from 2018

Total participants

+18.2% from 2018

Average account balance

$52,285

+18.8% from 2018

Annual return

19.77%

+25.82 pp from 2018

Benchmarks

See 7,347 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants<25

Cohort7,347 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$540K

Not enough data

1 years with asset history on file

Average account balance

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

$45K

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.

109.1%

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

$4K

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

+14.14%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7192

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

1 tripped

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

$52,285

$176,688-70.4%

$130,660-60.0%

$152,885-65.8%

Participation rate

87.5%

79.0%+8.5pp

71.7%+15.8pp

82.5%+5.0pp

Annual return

19.77%

2693.08%-2673.3pp

1709.29%-1689.5pp

345.39%-325.6pp

Employer contribution / active EE

$1,253

$5,743-78.2%

$4,092-69.4%

$4,763-73.7%

Participant deferral / active EE

$4,691

$4,362+7.5%

$3,603+30.2%

$5,851-19.8%

Admin fee / account holder

$7,131-100.0%

$5,463-100.0%

$11,598-100.0%

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