Plan Ledger DOL Form 5500 · updated monthly

Phoenix Art Museum401(k)

PHOENIX ART MUSEUM 401(K) PLAN · PHOENIX, AZ · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Phoenix Art Museum reported $3,304 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,536 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 0.08% to 0.09%. 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 Arizona (908th of 1,285), and 1,006th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $1.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,908,604
Participants with balances227
Active participants155
Employer contributions$238,133
Employee contributions$270,110
Employer contribution per active participant$1,536
Average account balance$17,219
Benefits paid to participants$297,813
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.9M · 227 accts · $238K emplr
2023$3.2M · 218 accts · $205K emplr
2022$2.6M · 188 accts · $159K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,304
Total administrative$3,304
The Phoenix Art Museum 401(k) match · 2024
Employer contribution per active participant$1,536
Median for plans this size$1,313
2024$1,536 per active participant
2023$1,264 per active participant
2022$1,095 per active participant

Phoenix Art 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.

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
TRI-AD ACTUARIES, INC. · Contract administrator · Recordkeeping$3,304
CHARLES SCHWAB TRUST COMPANY · Investment managementindirect comp

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

Recordkeeper by year2
2024TRI-AD ACTUARIES, INC.
2023TRI-AD ACTUARIES, INC.

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

Administrative cost history3
2024$3,304 · 0.09%
2023$3,547 · 0.12%
2022$1,992 · 0.08%
Similar plansArts, Entertainment & Recreation · Arizona
Cocopah Indian Tribe AZ$6.4M · 0.47%
Arizona Science Center AZ$3.1M · 1.25%
Mirabel Golf Club, Inc. AZ$3.0M · 0.86%
The Silverleaf Club LLC AZ$2.8M · 0.87%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860072608 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.