Plan Ledger DOL Form 5500 · updated monthly

Norton Simon Museum of Art at PasadenaProfit-sharing plan

NORTON SIMON MUSEUM SAVINGS PLAN · PASADENA, CA · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Norton Simon Museum of Art at Pasadena reported $125 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,609 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 0.003% to 0.001%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in California (5,137th of 9,483), and the 641st of 1,311 in arts, entertainment & recreation. active participation has grown from 65 to 84 since 2022.

Plan summary
Net assets, end of year$11,264,629
Participants with balances129
Active participants84
Employer contributions$387,157
Employee contributions—
Employer contribution per active participant$4,609
Average account balance$87,323
Benefits paid to participants$634,491
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.3M · 129 accts · $387K emplr
2023$9.9M · 126 accts · $354K emplr
2022$8.8M · 117 accts · $369K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$125
Total administrative$125
Employer contributions to the Norton Simon Museum of Art at Pasadena plan · 2024
Employer contribution per active participant$4,609
Median for plans this size$2,416
2024$4,609 per active participant
2023$4,483 per active participant
2022$5,673 per active participant

Norton Simon Museum of Art at Pasadena's 2024 employer contribution ran above the $2,416 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.

Administrative cost history3
2024$125 · 0.00%
2023$175 · 0.00%
2022$300 · 0.00%
All plans at this employer2
NORTON SIMON MUSEUM SAVINGS PLANProfit-sharing plan
THE NORTON SIMON MUSEUM 403(B) PLAN403(b)
Similar plansArts, Entertainment & Recreation · California
Ksl/Ms Management, LLC CA$11.5M · 0.33%
Berkeley Repertory Theatre CA$11.3M · 0.03%
Lafc Sports, LLC CA$11.0M · 0.04%
San Diego Museum of Art CA$11.0M · 0.36%
Range Media Partners LLC CA$10.9M · 0.01%
Riviera Golf & Tennis, Inc CA$10.8M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 951644606 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.