Plan Ledger DOL Form 5500 · updated monthly

Uss Midway Museum403(b)

USS MIDWAY MUSEUM 403(B) PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.55%

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

Uss Midway Museum reported $49,995 in plan administrative expenses for 2024: 0.55% of average plan assets, above the peer median. Employer contributions averaged $2,572 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 0.46% to 0.55%. 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 California (5,529th of 9,483), and 692nd of 1,311 in arts, entertainment & recreation. In 2024, employees put in $1.69 for every $1.00 the employer contributed; active participation has shrunk from 215 to 189 since 2022.

Plan summary
Net assets, end of year$9,749,015
Participants with balances199
Active participants189
Employer contributions$486,091
Employee contributions$823,455
Employer contribution per active participant$2,572
Average account balance$48,990
Benefits paid to participants$1,137,698
Plan auditUnmodified (clean) audit opinion
AuditorWEST RHODE & ROBERTS
Plan history3
Yearassets · accounts · employer contribution
2024$9.7M · 199 accts · $486K emplr
2023$8.5M · 182 accts · $357K emplr
2022$7.5M · 176 accts · $300K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,995
Total administrative$49,995
The Uss Midway Museum 401(k) match · 2024
Employer contribution per active participant$2,572
Median for plans this size$1,313
2024$2,572 per active participant
2023$1,373 per active participant
2022$1,397 per active participant

Uss Midway Museum's 2024 employer contribution ran above the $1,313 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 · 20243
MONETA GROUP LLCindirect comp

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

Administrative cost history3
2024$49,995 · 0.55%
2023$33,180 · 0.41%
2022$36,652 · 0.46%
Same employer
Similar plansArts, Entertainment & Recreation · California
Colusa Bingo & Casino CA$10.2M · 0.57%
Tolowa Dee-Ni' Nation CA$10.2M · 0.13%
Brentwood Country Club CA$9.9M · 0.03%
Newport Diversified, Inc. CA$9.6M · 0.20%
Seiu Local 521 CA$9.4M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330556416 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.