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Original filing (PDF)20251013145723NAL0000745667001
THE MARINERS' MUSEUM
Form 5500
FILING_RECEIVED
THE MARINERS' MUSEUM 403(B) PLAN
403(b) retirement plan
Signals · 2
~89 bps in Sched C feesNo recordkeeper disclosed
Active participants
118
Accounts w/ balance
141
Plan assets (EOY)
$6.8M
Net assets (EOY)
$6.8M
How this plan invests
This plan
33 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
89
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
- 89 bps in Schedule C fees — 71% above peer band of 52 bps.
- No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for THE MARINERS' MUSEUM.
Plan sponsor
Name
THE MARINERS' MUSEUM
EIN
54-0541801
Address
100 MUSEUM DR · NEWPORT NEWS, VA · 236063757
Phone
(757) 591-7717
Industry
Other Services (ex. Public Admin)see all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
003
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-13
Pension benefit codes
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2L · 403(b)(1) annuity
2M · 403(b)(7) custodial accounts
2S · Automatic enrollment
2T · Default investment account (QDIA)
3D · Pre-approved plan (master / prototype / VS)
Audit & trust (Schedule H)
Auditor
BROWN EDWARDS & COMPANY
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
4 rowsAdvisor / Consultant
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| WILSHIRE ADVISORS LLC | 95-2755361 | — | INVESTMENT ADVISORY | $0 | — |
TPA / Administrator
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | 42-0127290 | — | CONTRACT ADMINISTRATOR | $45K | — |
Accountant / Auditor
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| BROWN EDWARDS | 54-0504608 | — | ACCOUNTANT | $15K | — |
Other
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| CAMBRIDGE INVESTMENT RESEARCH INC | 42-1445429 | — | OTHER SERVICES | $0 | — |
Investments
32 direct securities· $6.5M(96% of reported assets)
Uncategorized
$6.4M
30 holdings
Guaranteed Income / GIC
$74K
1 holding
Mutual Funds
$10K
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Principal Life Insurance Company Lifetime Hybrid 2030 R6 Fund | — | — | — | $912K | 13.4% | |
| Principal Life Insurance Company Lifetime Hybrid 2045 R6 Fund | — | — | — | $730K | 10.7% | |
| Principal Life Insurance Company Lifetime Hybrid 2050 R6 Fund | — | — | — | $610K | 8.9% | |
| Principal Life Insurance Company Lifetime Hybrid 2020 R6 Fund | — | — | — | $472K | 6.9% | |
| Principal Life Insurance Company Lifetime Hybrid 2055 R6 Fund | — | — | — | $470K | 6.9% | |
| Principal Life Insurance Company Lifetime Hybrid 2040 R6 Fund | — | — | — | $331K | 4.8% | |
| Capital Research and Mgmt Co American Funds Growth Fund of America R6 Fund | — | — | — | $308K | 4.5% | |
| Principal Life Insurance Company Lifetime Hybrid 2035 R6 Fund | — | — | — | $297K | 4.4% | |
| Dimensional Fund Advisors US Large Company I Fund | — | — | — | $296K | 4.3% | |
| Carillon Tower Advisers Eagle Growth & Income Fund R6 Fund | — | — | — | $292K | 4.3% | |
| Calvert Asset Management Calvert Bond A Fund | — | — | — | $258K | 3.8% | |
| Principal Life Insurance Company Lifetime Hybrid 2015 R6 Fund | — | — | — | $196K | 2.9% | |
| Dimensional Fund Advisors Global Equity I Fund | — | — | — | $188K | 2.8% | |
| Loomis Sayles & Company Small Cap Growth Retirement Fund | — | — | — | $186K | 2.7% | |
| Principal Life Insurance Company Lifetime Hybrid 2060 R6 Fund | — | — | — | $177K | 2.6% | |
| Principal Global Investors Mid Cap S&P 400 Index R4 Fund | — | — | — | $176K | 2.6% | |
| Principal Life Insurance Company Lifetime Hybrid 2065 R6 Fund | — | — | — | $92K | 1.3% | |
| Principal Global Investors Diversified International Inst Fund | — | — | — | $90K | 1.3% | |
| Notes Receivable from Participants * Participant Loans Various maturities, interest rate range of 5.25% to 10.50% - | — | — | — | $79K | 1.2% | |
| * Principal Life Insurance Company Fixed Income Guaranteed Option | Guaranteed Income / GIC | — | — | $74K | 1.1% | |
| JP Morgan Investment Mgmt Inc. Mid Cap Growth R6 Fund | — | — | — | $51K | 0.7% | |
| Principal Global Investors Large Cap S&P 500 Index R4 Fund | — | — | — | $40K | 0.6% | |
| Capital Research and Mgmt Co American Funds US Government Securities R6 Fund | — | — | — | $40K | 0.6% | |
| Vanguard Group Small Cap Value Index Admiral Fund | — | — | — | $35K | 0.5% | |
| Principal Life Insurance Company Lifetime Hybrid 2070 R6 Fund | — | — | — | $35K | 0.5% | |
| Capital Research and Mgmt Co American Funds EuroPacific Growth R6 Fund | — | — | — | $29K | 0.4% | |
| Principal Real Estate Inv Real Estate Securities R4 Fund | — | — | — | $22K | 0.3% | |
| Vanguard Group Intermediate - Term bond Index Admiral Fund | — | — | — | $21K | 0.3% | |
| AB LP Discovery Value Z Fund | Mutual Funds | — | — | $10K | 0.1% | |
| Principal Life Insurance Company LifeTime Hybrid Income R6 Fund | — | — | — | $6K | <0.1% | |
| PGIM Investments, LLC High Yield R6 Fund | — | — | — | $5K | <0.1% | |
| Principal Global Investors Small Cap S&P 600 Index R4 Fund | — | — | — | $2K | <0.1% |
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