Plan Ledger DOL Form 5500 · updated monthly

Mint Museum of Art, Inc.403(b)

MINT MUSEUM OF ART 403(B) DC PLAN · CHARLOTTE, NC · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Mint Museum of Art, Inc. reported $13,539 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $1,134 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 rose from 0.19% to 0.23%. 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 North Carolina (1,377th of 2,005), and 874th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $1.65 for every $1.00 the employer contributed; active participation has grown from 89 to 130 since 2022.

Plan summary
Net assets, end of year$5,933,681
Participants with balances219
Active participants130
Employer contributions$147,445
Employee contributions$243,096
Employer contribution per active participant$1,134
Average account balance$27,094
Benefits paid to participants$891,834
Plan auditDisclaimer of opinion
AuditorMCCANNON, ROGERS, DRISCOLL & ASSOC
Plan history3
Yearassets · accounts · employer contribution
2024$5.9M · 219 accts · $147K emplr
2023$5.8M · 207 accts · $150K emplr
2022$5.2M · 202 accts · $114K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,539
Total administrative$13,539
Employer contributions to the Mint Museum of Art, Inc. plan · 2024
Employer contribution per active participant$1,134
Median for plans this size$1,313
2024$1,134 per active participant
2023$1,486 per active participant
2022$1,282 per active participant

Mint Museum of Art, 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 · 20241
TIAA · Contract administrator · Recordkeeping$12,652

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

Recordkeeper by year2
2024TIAA
2023TIAA

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

Administrative cost history3
2024$13,539 · 0.23%
2023$12,840 · 0.23%
2022$9,414 · 0.19%
Similar plansArts, Entertainment & Recreation · North Carolina
Myers Park Country Club NC$6.5M · 0.74%
Discovery Place, Inc. NC$5.9M · 0.79%
Greensboro Country Club NC$5.4M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 560670666 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.