Plan Ledger DOL Form 5500 · updated monthly

Kimbell Art Foundation Kimbell Art Museum403(b)

KIMBELL ART MUSEUM RETIREMENT PLAN · FORT WORTH, TX · plan year 2025

Reported admin expense ratio · 2025
0.10%

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

Kimbell Art Foundation Kimbell Art Museum reported $31,225 in plan administrative expenses for 2025: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,820 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 rose from 0.08% to 0.10%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is the 1,438th-largest of 5,688 plans among Texas employers on file, and the 296th of 1,311 in arts, entertainment & recreation. In 2025, employees put in $1.36 for every $1.00 the employer contributed; active participation has shrunk from 176 to 145 since 2022.

Plan summary
Net assets, end of year$32,928,588
Participants with balances269
Active participants145
Employer contributions$553,876
Employee contributions$751,321
Employer contribution per active participant$3,820
Average account balance$122,411
Benefits paid to participants$1,138,977
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$32.9M · 269 accts · $554K emplr
2024$28.8M · 292 accts · $514K emplr
2023$25.6M · 287 accts · $445K emplr
2022$22.9M · 271 accts · $461K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$31,225
Total administrative$31,225
Employer contributions to the Kimbell Art Foundation Kimbell Art Museum plan · 2025
Employer contribution per active participant$3,820
Median for plans this size$2,666
2025$3,820 per active participant
2024$3,448 per active participant
2023$3,047 per active participant
2022$2,621 per active participant

Kimbell Art Foundation Kimbell Art Museum's 2025 employer contribution ran above the $2,666 median for plans its size. 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20251
TIAA-TEACHERS INSURANCE AND ANNUITY · Recordkeeping$31,225

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

Recordkeeper by year3
2025TIAA
2024PLANPILOT, LLC, TIAA
2023PLANPILOT, LLC, TIAA

This plan has changed recordkeepers within these filings. If you left Kimbell Art Foundation Kimbell Art Museum before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history4
2025$31,225 · 0.10%
2024$28,847 · 0.11%
2023$23,221 · 0.10%
2022$19,440 · 0.08%
Similar plansArts, Entertainment & Recreation · Texas
Drive Shack Inc. TX$35.1M · 0.32%
Cgpm/Wmc Operating, LLC TX$33.8M · 0.40%
Houston Zoo, Inc. TX$28.2M · 0.43%
River Oaks Country Club TX$27.0M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 756036226 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.