Plan Ledger DOL Form 5500 · updated monthly

Lower East Side Tenement Museum403(b)

LOWER EAST SIDE TENEMENT MUSEUM 403B DC PLAN #334 · NEW YORK, NY · plan year 2024

Employer contribution per participant · 2024
$1,916

Lower East Side Tenement Museum's 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $4,825,114 across 443 participant accounts, with employer contributions averaging $1,916 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in New York (4,509th of 5,648), and 942nd of 1,311 in arts, entertainment & recreation. In 2024, the employer put in $2.21 for every $1.00 employees contributed themselves; active participation has grown from 100 to 125 since 2022.

Plan summary
Net assets, end of year$4,825,114
Participants with balances443
Active participants125
Employer contributions$239,480
Employee contributions$108,476
Employer contribution per active participant$1,916
Average account balance$10,892
Benefits paid to participants$396,262
Plan auditUnmodified (clean) audit opinion
AuditorLUTZ AND CARR CPAS, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$4.8M · 443 accts · $239K emplr
2023$4.4M · 439 accts · $206K emplr
2022$3.9M · 415 accts · $181K emplr
Employer contributions to the Lower East Side Tenement Museum plan · 2024
Employer contribution per active participant$1,916
Median for plans this size$1,313
2024$1,916 per active participant
2023$1,735 per active participant
2022$1,811 per active participant

Lower East Side Tenement Museum's 2024 employer contribution ran above the $1,313 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.

Administrative cost history3
2024Not separately reported
2023Not separately reported
2022Not separately reported
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Area 15 Global LLC NY$3.8M · 1.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133475390 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.