Plan Snapshot
- Plan Sponsor: Musical Instrument Museum
- Sponsor EIN: 161743588
- Sponsor Address: 4725 E MAYO BLVD, PHOENIX, AZ, 850506920
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 121
- Total Assets: $6.2M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 121 | $6.2M | $0 | $0 |
| 2024 | 93 | $4.8M | $295,637 | $427,045 |
| 2023 | 76 | $4.4M | $205,106 | $378,112 |
| 2022 | 84 | $3.9M | $204,077 | $347,092 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| CLIFTONLARSONALLEN LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2025 | $341,241 | — | $1,600 | — | — |
| 2024 | $883,628 | — | — | — | — |
| 2023 | $1,004,338 | — | — | — | — |
| 2022 | $332,935 | — | — | — | — |