Plan Ledger DOL Form 5500 · updated monthly

Milwaukee Art Museum, Inc.403(b)

MILWAUKEE ART MUSEUM, INC. EMPLOYEES' RETIREMENT INCOME PLAN · MILWAUKEE, WI · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

Milwaukee Art Museum, Inc. reported $50,152 in plan administrative expenses for 2024: 0.58% of average plan assets, above the peer median. Employer contributions averaged $967 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 2 years on file its reported administrative ratio fell from 0.63% to 0.58%. 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 Wisconsin (1,338th of 1,936), and 717th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $3.71 for every $1.00 the employer contributed; active participation has shrunk from 241 to 171 since 2022.

Plan summary
Net assets, end of year$9,061,326
Participants with balances141
Active participants171
Employer contributions$165,325
Employee contributions$613,055
Employer contribution per active participant$967
Average account balance$64,265
Benefits paid to participants$944,575
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.1M · 141 accts · $165K emplr
2023$8.1M · 148 accts · $138K emplr
2022$6.6M · 136 accts · $109K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,314
Investment management$25,406
Total administrative$50,152
Employer contributions to the Milwaukee Art Museum, Inc. plan · 2024
Employer contribution per active participant$967
Median for plans this size$1,313
2024$967 per active participant
2023$709 per active participant
2022$453 per active participant

Milwaukee Art Museum, Inc.'s 2024 employer contribution ran below 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.

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
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$25,314
CETERA ADVISORS LLC · Investment advisory (plan)$25,406

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$50,152 · 0.58%
2023$45,468 · 0.62%
2022$45,326 · 0.63%
Same employer
Similar plansArts, Entertainment & Recreation · Wisconsin
Milwaukee Bucks, LLC WI$29.1M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 390806316 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.