Retirement plan

FORT WORTH MUSEUM OF SCIENCE & HISTORY TAX DEFERRED ANNUITY PLAN

Name: FORT WORTH MUSEUM OF SCIENCE & HISTORY - FORT WORTH MUSEUM OF SCIENCE & HISTORY TAX DEFERRED ANNUITY PLAN (2024) Form 5500
Creator: FORT WORTH MUSEUM OF SCIENCE & HISTORY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FORT WORTH MUSEUM OF SCIENCE & HISTORY TAX DEFERRED ANNUITY PLAN, FORT WORTH MUSEUM OF SCIENCE & HISTORY

FORT WORTH MUSEUM OF SCIENCE & HISTORYEIN 75-0755335Plan #002PY 2024

1600 GENDY ST - FORT WORTH, TX 761074062817-255-9324LinkedIn51-200 employeesmuseums and institutions

Other plans on this EIN

1 filing

#001Retirement-$1.9M assets

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$1.8M

+12.1% from 2023

Total participants

-5.6% from 2023

Average account balance

$38,598

+5.0% from 2023

Annual return

16.11%

-4.08 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

$1.81M

Not enough data

1 years with asset history on file

Average account balance

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

$39K

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.

102.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$200K

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

+16.11%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6028

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

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.)

Expense breakdown

Schedule H Part II

Admin total

$283K

$6159 / participant

Other / not subdivided$283K100.0%

% of EOY assets

15.616%

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

$38,598

$51,631-25.2%

$129,397-70.2%

$80,925-52.3%

Participation rate

56.5%

56.9%-0.4pp

69.6%-13.1pp

67.7%-11.1pp

Annual return

16.11%

20.77%-4.7pp

9453.98%-9437.9pp

35.65%-19.5pp

Employer contribution / active EE

$966

$1,583-39.0%

$4,154-76.8%

$2,756-65.0%

Participant deferral / active EE

$3,382

$2,670+26.7%

$4,167-18.8%

$4,299-21.3%

Admin fee / account holder

$6,028

$4,309+39.9%

$7,679-21.5%

$6,940-13.1%

FORT WORTH MUSEUM OF SCIENCE & HISTORY TAX DEFERRED ANNUITY PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FORT WORTH MUSEUM OF SCIENCE & HISTORY TAX DEFERRED 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