Plan Ledger DOL Form 5500 · updated monthly

Indianapolis Museum of Art Inc.401(k)

EMPLOYEES RETIREMENT SAVINGS PLAN OF THE INDIANAPOLIS MUSEUM OF ART · INDIANAPOLIS, IN · plan year 2024

Reported admin expense ratio · 2024
0.21%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Indianapolis Museum of Art Inc. reported $32,382 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $1,267 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.21%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is the 677th-largest of 1,562 plans among Indiana employers on file, and the 491st of 1,311 in arts, entertainment & recreation. In 2024, employees put in $1.28 for every $1.00 the employer contributed; active participation has grown from 329 to 496 since 2022.

Plan summary
Net assets, end of year$16,052,132
Participants with balances262
Active participants496
Employer contributions$628,539
Employee contributions$804,040
Employer contribution per active participant$1,267
Average account balance$61,268
Benefits paid to participants$2,612,837
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.1M · 262 accts · $629K emplr
2023$15.4M · 259 accts · $550K emplr
2022$14.9M · 239 accts · $535K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35
Investment management$32,347
Total administrative$32,382
The Indianapolis Museum of Art Inc. 401(k) match · 2024
Employer contribution per active participant$1,267
Median for plans this size$2,416
2024$1,267 per active participant
2023$1,396 per active participant
2022$1,626 per active participant

Indianapolis Museum of Art Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Participant communication$35
MORGAN STANLEY · Investment management$32,347

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$32,382 · 0.21%
2023$31,548 · 0.21%
2022$33,008 · 0.20%
Same employer
Similar plansArts, Entertainment & Recreation · Indiana
Penske Motorsports Corp IN$43.2M · 0.16%
Chip Ganassi Racing, LLC IN$23.2M · 0.39%
Andretti Autosport IN$6.5M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 350867955 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.