Retirement plan

JAPANESE AMERICAN NATIONAL MUSEUM 403(B) SAVING PLAN

Name: JAPANESE AMERICAN NATIONAL MUSEUM - JAPANESE AMERICAN NATIONAL MUSEUM 403(B) SAVING PLAN (2024) Form 5500
Creator: JAPANESE AMERICAN NATIONAL MUSEUM
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JAPANESE AMERICAN NATIONAL MUSEUM 403(B) SAVING PLAN, JAPANESE AMERICAN NATIONAL MUSEUM

JAPANESE AMERICAN NATIONAL MUSEUMEIN 95-3966024Plan #002PY 2024

100 N. CENTRAL AVE - LOS ANGELES, CA 900123911213-625-0414janm.orgLinkedIn51-200 employeesmuseums and institutions

Prospect flagsHigh feesLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$4.2M

+22.6% from 2023

Total participants

109

-12.8% from 2023

Average account balance

$50,186

+22.6% from 2023

Annual return

16.25%

+2.89 pp from 2023

Benchmarks

See 3,318 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants25-99

Cohort3,318 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.39M

Not enough data

1 years with asset history on file

Average account balance

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

$52K

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.

146.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$342K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+11.22%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7008

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 codes2M3D2G2F2T

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.
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

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

Expense breakdown

Schedule H Part II

Admin total

$118K

$1787 / participant

Other / not subdivided$118K100.0%

% of EOY assets

2.832%

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

$50,186

$51,642-2.8%

$129,384-61.2%

$80,935-38.0%

Participation rate

60.6%

56.9%+3.7pp

69.6%-9.0pp

67.7%-7.1pp

Annual return

16.25%

20.78%-4.5pp

9461.77%-9445.5pp

35.66%-19.4pp

Employer contribution / active EE

$394

$1,583-75.1%

$4,153-90.5%

$2,757-85.7%

Participant deferral / active EE

$4,522

$2,670+69.4%

$4,166+8.5%

$4,299+5.2%

Admin fee / account holder

$1,421

$4,312-67.0%

$7,686-81.5%

$6,924-79.5%

JAPANESE AMERICAN NATIONAL MUSEUM 403(B) SAVING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JAPANESE AMERICAN NATIONAL MUSEUM 403(B) SAVING 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