Retirement plan

THE ISAMU NOGUCHI FOUNDATION AND GARDEN MUSEUM TAX SHELTERED ANNUITY PLAN

Name: THE ISAMU NOGUCHI FOUNDATION & GARDEN MUSEUM - THE ISAMU NOGUCHI FOUNDATION AND GARDEN MUSEUM TAX SHELTERED ANNUITY PLAN (2024) Form 5500
Creator: THE ISAMU NOGUCHI FOUNDATION & GARDEN MUSEUM
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE ISAMU NOGUCHI FOUNDATION AND GARDEN MUSEUM TAX SHELTERED ANNUITY PLAN, THE ISAMU NOGUCHI FOUNDATION & GARDEN MUSEUM

THE ISAMU NOGUCHI FOUNDATION & GARDEN MUSEUMEIN 61-1472746Plan #001PY 2024

3237 VERNON BLVD - LONG ISLAND CITY, NY 111064926718-204-7088

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$4.8M

+19.5% from 2023

Total participants

-22.1% from 2023

Average account balance

$53,588

+51.7% from 2023

Annual return

10.70%

-7.24 pp from 2023

Benchmarks

See 3,320 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants25-99

Cohort3,320 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.77M

Not enough data

1 years with asset history on file

Average account balance

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

$54K

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.

153.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$573K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+10.70%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2580

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 codes2F2G2L2M2T3D

Plan features

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts 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.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$230K

$3958 / participant

Other / not subdivided$230K100.0%

% of EOY assets

4.814%

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

$53,588

$51,631+3.8%

$129,397-58.6%

$80,925-33.8%

Participation rate

89.7%

56.9%+32.7pp

69.6%+20.0pp

67.7%+22.0pp

Annual return

10.70%

20.77%-10.1pp

9453.98%-9443.3pp

35.65%-24.9pp

Employer contribution / active EE

$5,007

$1,583+216.3%

$4,154+20.5%

$2,756+81.7%

Participant deferral / active EE

$4,876

$2,670+82.6%

$4,167+17.0%

$4,299+13.4%

Admin fee / account holder

$2,580

$4,309-40.1%

$7,679-66.4%

$6,940-62.8%

THE ISAMU NOGUCHI FOUNDATION AND GARDEN MUSEUM TAX SHELTERED ANNUITY PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE ISAMU NOGUCHI FOUNDATION AND GARDEN MUSEUM TAX SHELTERED ANNUITY 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