Plan Ledger DOL Form 5500 · updated monthly

Witte Museum401(k)

THE WITTE MUSEUM SAFE HARBOR 401(K) RETIREMENT PLAN · SAN ANTONIO, TX · plan year 2023

Reported admin expense ratio · 2023
0.86%

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

Witte Museum reported $22,061 in plan administrative expenses for 2023: 0.86% of average plan assets, higher than ~75% of peers. Employer contributions averaged $851 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 0.88% to 1.00%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in Texas (4,719th of 5,688), and 1,107th of 1,311 in arts, entertainment & recreation. In 2023, employees put in $1.42 for every $1.00 the employer contributed; active participation has grown from 51 to 62 since 2022.

Plan summary
Net assets, end of year$2,577,731
Participants with balances166
Active participants62
Employer contributions$52,781
Employee contributions$75,165
Employer contribution per active participant$851
Average account balance$15,529
Benefits paid to participants$422,840
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.1M · 159 accts · $52K emplr
2023$2.6M · 166 accts · $53K emplr
2022$2.6M · 176 accts · $55K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$22,061
Total administrative$22,061
The Witte Museum 401(k) match · 2023
Employer contribution per active participant$851
Median for plans this size$1,308
2024$639 per active participant
2023$851 per active participant
2022$1,070 per active participant

Witte Museum's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
WELLS FARGO ADVISORS LLC · Investment advisory (plan)$12,271
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$9,790

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$23,399 · 1.00%
2023$22,061 · 0.86%
2022$24,839 · 0.88%
Similar plansArts, Entertainment & Recreation · Texas
Dallas Athletic Club TX$2.9M · 0.31%
Cbigg Management LLC TX$2.5M · 2.60%
Champions Golf Club Inc TX$2.2M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741400537 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.