Retirement plan

FOUR RIVERS COMMUNITY BROADCASTING CORP 403B

Name: FOUR RIVERS COMMUNITY BROADCASTING CORP. - FOUR RIVERS COMMUNITY BROADCASTING CORP 403B (2024) Form 5500
Creator: FOUR RIVERS COMMUNITY BROADCASTING CORP.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FOUR RIVERS COMMUNITY BROADCASTING CORP 403B, FOUR RIVERS COMMUNITY BROADCASTING CORP.

FOUR RIVERS COMMUNITY BROADCASTING CORP.EIN 23-2809815Plan #001PY 2024

1186 SUMNEYTOWN PIKE, PO BOX 17 - HARLEYSVILLE, PA 19438215-721-2141wordfm.orgLinkedIn1-10 employees

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$182K

+75.9% from 2023

Total participants

0.0% from 2023

Average account balance

$18,151

+93.5% from 2023

Annual return

13.97%

-7.46 pp from 2023

Benchmarks

See 12,265 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants<25

Cohort12,265 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$182K

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$18K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

90.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$70K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+13.97%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$836

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2M3D2G2F2T

Plan features

2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$8K

$760 / participant

Other / not subdivided$8K100.0%

% of EOY assets

4.605%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$18,151

$108,942-83.3%

$100,415-81.9%

$145,897-87.6%

Participation rate

90.9%

83.0%+7.9pp

81.5%+9.4pp

80.3%+10.6pp

Annual return

13.97%

58.27%-44.3pp

49.47%-35.5pp

552.29%-538.3pp

Employer contribution / active EE

$932

$4,422-78.9%

$3,943-76.4%

$4,663-80.0%

Participant deferral / active EE

$5,410

$8,461-36.1%

$8,091-33.1%

$6,689-19.1%

Admin fee / account holder

$836

$9,702-91.4%

$7,906-89.4%

$13,390-93.8%

FOUR RIVERS COMMUNITY BROADCASTING CORP 403B

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FOUR RIVERS COMMUNITY BROADCASTING CORP 403B

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion