Retirement plan

EMPLOYEE BENEFITS PLAN OF THE DELAWARE ART MUSEUM

Name: DELAWARE ART MUSEUM - EMPLOYEE BENEFITS PLAN OF THE DELAWARE ART MUSEUM (2017) Form 5500
Creator: DELAWARE ART MUSEUM
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFITS PLAN OF THE DELAWARE ART MUSEUM, DELAWARE ART MUSEUM

DELAWARE ART MUSEUMEIN 51-0065746Plan #001PY 2017

2301 KENTMERE PARKWAY - WILMINGTON, DE 19806302-571-9590delart.orgLinkedIn11-50 employeesmuseums and institutions

Other plans on this EIN

1 filing

#002Retirement-$1.9M assets

Prospect flagsHigh feesLow participationWind-down / frozen

How to read this page

Total assets (EOY)

$652K

+7.6% from 2016

Total participants

-5.7% from 2016

Average account balance

$17,628

+16.3% from 2016

Annual return

13.96%

+8.20 pp from 2016

Benchmarks

See 2,508 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants25-99

Cohort2,508 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$539K

Not enough data

1 years with asset history on file

Average account balance

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

$22K

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.

300.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+14.98%

Not enough data

1 years with return on file

Admin fee / account holder

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

$207

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 codes2C2F2G2T3D

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit 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.
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

3 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.)
InformationalWind-down / frozen
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.

Expense breakdown

Schedule H Part II

Admin total

$43K

$1348 / participant

Other / not subdivided$43K100.0%

% of EOY assets

6.613%

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

$17,628

$46,877-62.4%

$122,354-85.6%

$70,126-74.9%

Participation rate

59.4%

58.2%+1.2pp

71.6%-12.3pp

69.5%-10.2pp

Annual return

13.96%

24.22%-10.3pp

30.28%-16.3pp

73.15%-59.2pp

Employer contribution / active EE

$1,288-100.0%

$4,051-100.0%

$2,343-100.0%

Participant deferral / active EE

$2,167-100.0%

$3,287-100.0%

$3,332-100.0%

Admin fee / account holder

$1,166

$3,324-64.9%

$5,479-78.7%

$4,645-74.9%

EMPLOYEE BENEFITS PLAN OF THE DELAWARE ART MUSEUM

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFITS PLAN OF THE DELAWARE ART MUSEUM

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