Plan Ledger DOL Form 5500 · updated monthly

Museum of Discovery and Science401(k)

MUSEUM OF DISCOVERY AND SCIENCE INC 401K PLAN · FORT LAUDERDALE, FL · plan year 2024

Reported admin expense ratio · 2024
0.75%

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

Museum of Discovery and Science reported $7,435 in plan administrative expenses for 2024: 0.75% of average plan assets, below the peer median. Employer contributions averaged $1,486 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.

The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in Florida (3,299th of 3,644), and 1,204th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $1.66 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,251,305
Participants with balances130
Active participants124
Employer contributions$184,317
Employee contributions$306,328
Employer contribution per active participant$1,486
Average account balance$9,625
Benefits paid to participants$138,364
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,435
Total administrative$7,435
The Museum of Discovery and Science 401(k) match · 2024
Employer contribution per active participant$1,486
Median for plans this size$540

Museum of Discovery and Science's 2024 employer contribution ran above the $540 median for plans its size, placing it in the top 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 · 20241
ADP, INC. · Loan processing · Recordkeeping$7,435

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

Administrative cost history1
2024$7,435 · 0.75%
Similar plansArts, Entertainment & Recreation · Florida
Town Sports Group, LLC FL$1.1M · 1.20%
Pope Properties, Inc. FL$686K · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591709542 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.