Florida › Educational services › 100 to 249 participants
Form 5500 statement · plan year 1 Jul 2022 to 30 Jun 2023
Arthur I. Meyer Jewish Academy, Inc. 403(b) DC Plan
Sponsored by Arthur I. Meyer Jewish Academy, Inc., Palm Beach Gardens, FL
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
Arthur I. Meyer Jewish Academy, Inc. 403(b) DC Plan is a 403(b) plan sponsored by Arthur I. Meyer Jewish Academy, Inc. of Palm Beach Gardens, Florida. For the plan year ending 30 Jun 2023 it reported 117 participants, 36 of them active, and net assets of $3.6M.
Net assets came to $30,926 per participant, well below the $60,185 median for defined contribution plans with 100 to 249 participants and well below the $73,018 median for defined contribution plans in educational services. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
The employer contributed $5,598 during the year, or $156 per active participant against a same-size median of $2,447; participants contributed $44K and $6,822 arrived as rollovers and other contributions. Benefits paid out totalled $199K.
The filing reports no service provider compensation on Schedule C. That is common where fees are paid by the employer or taken from investment returns, neither of which appears there. Administrative expenses charged to the plan were $0.
The independent accountant's opinion on the financial statements was unmodified (unqualified), from an audit whose scope was limited under ERISA section 103(a)(3)(C) to exclude investment information certified by a bank or insurer.
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DC plans |
|---|---|---|---|---|
| Net assets per participant | $30,926 | $60,185 | $73,018 | $53,102 |
| Employer contributions per active participant | $156 | $2,447 | $2,838 | $2,175 |
| Schedule C compensation per participant | — | $194 | $95.66 | $123 |
| Schedule C compensation, share of net assets | — | 0.32% | 0.13% | 0.26% |
| Administrative expenses per participant | — | $176 | $89.26 | $116 |
Peer columns are medians for plan year 2024 across defined contribution plans with 100 or more participants: 100 to 249 participants (21,996 plans), educational services (2,753) and all US plans (63,460). Fee medians cover plans that report an amount.
Statement for the year
- Net assets, beginning of year$3,460,027
- Employer contributions$5,598
- Participant contributions$44,137
- Rollovers and other contributions$6,822
- Total contributions$56,557
- Total income, including investment results$357,554
- Benefits paid$199,269
- Administrative expenses$0
- Total expenses$199,269
- Net income$158,285
- Net transfers$0
- Net assets, end of year$3,618,312
Participants
- Active participants36
- Retired or separated, receiving benefits0
- Retired or separated, entitled to future benefits81
- Participants with account balances95
- Total participants, end of year117
Fees and service providers
No service provider organisations are listed on Schedule C for this plan year.
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Insurance company general account$2.0M · 55.3%
- Registered investment companies (mutual funds)$1.5M · 41.7%
- Pooled separate accounts$104K · 2.9%
- Receivables$1,826 · 0.1%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)Yes
- Accounting firmTempleton & Company, LLP
- Participant contributions reported as transmitted lateYes, $31,714
- Covered by a fidelity bondNo
- Blackout period during the yearNo
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
2EProfit-sharing plan2GTotal participant-directed account plan2LCode section 403(b)(1) arrangement (annuity contracts)
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 611000: Educational Services (including schools, colleges, & universities).
Similar plans in Florida
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Ana G Mendez University Inc. 401(k) Plan | Ana G Mendez University Inc. | 118 | $3.3M | $27,800 |
| The Poynter Institute for Media Studies, Inc. Tax Sheltered Annuity Retirement Plan | The Poynter Institute for Media Studies Inc. | 111 | $6.4M | $57,621 |
| The Seed School of Miami 403(b) Retirement Plan | The Miami Boarding School, Inc. DBA the Seed School of Miami | 118 | $2.5M | $21,105 |
| Alexander School, Inc. 401(k) | Alexander School, Inc. | 130 | — | — |
| National Society of Leadership 401(k) Profit Sharing Plan | The National Society of Leadership & Success | 130 | $5.9M | $45,614 |
| Elc of Duval 401(k) Plan | Elc of Duval | 130 | $832K | $6,397 |
Defined contribution plans in educational services closest in size.
Questions and answers
How big is Arthur I. Meyer Jewish Academy, Inc. 403(b) DC Plan?
117 participants at the end of the plan year ending 30 Jun 2023, of whom 36 were active employees, with net assets of $3,618,312. Among defined contribution plans that places it in the 100 to 249 participants band, which held 21,996 plans in plan year 2024.
What does Arthur I. Meyer Jewish Academy, Inc. contribute per participant?
The filing reports $5,598 in employer contributions for the year, which is $156 per active participant; the median for plans of the same type and size was $2,447 in plan year 2024. Form 5500 reports the total only. It does not state the match formula, and the per-participant figure is an average, not any one person's contribution.
What fees does the plan pay and how do they compare?
Schedule C reports no provider compensation for the year. Administrative expenses on Schedule H were $0. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Arthur I. Meyer Jewish Academy, Inc.. The financial statements were audited by Templeton & Company, LLP. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion from a limited-scope audit, in which the accountant did not audit investment information certified by a bank or insurance company. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jul 2022 to 30 Jun 2023, received by the Department of Labor on 26 Jun 2026. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 59-1491258, plan 001, received 26 Jun 2026; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.