Retirement plan

FAIRFIELD GLADE COMMUNITY CLUB RETIREMENT PLAN

Name: FAIRFIELD GLADE COMMUNITY CLUB - FAIRFIELD GLADE COMMUNITY CLUB RETIREMENT PLAN (2024) Form 5500
Creator: FAIRFIELD GLADE COMMUNITY CLUB
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FAIRFIELD GLADE COMMUNITY CLUB RETIREMENT PLAN, FAIRFIELD GLADE COMMUNITY CLUB

FAIRFIELD GLADE COMMUNITY CLUBEIN 71-0425507Plan #001PY 2024

PO BOX 2000 - FAIRFIELD GLADE, TN 385582000931-484-3749fairfieldgladeresort.comLinkedIn201-500 employeesrecreational facilities and services

Prospect flagsLow returnsLow participation

How to read this page

Total assets (EOY)

$9.2M

+1.2% from 2023

Total participants

409

+6.5% from 2023

Average account balance

$46,246

-8.5% from 2023

Annual return

8.82%

-7.69 pp from 2023

Benchmarks

See 487 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants250-999

Cohort487 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.16M

Not enough data

1 years with asset history on file

Average account balance

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

$46K

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.

198

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.

43.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$658K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+8.82%

Not enough data

1 years with return on file

Admin fee / account holder

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

$287

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 5 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS1 year Filed as: TRANSAMERICA LIFE INSURANCE CO Service code 15 · EIN 39-0989781	Recordkeeping	$21,196
TRUSTCORE FINANCIAL8 years Service code 27	Advisory (Plan)	$21,196
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290	Contract Administrator	$14,925
WITT FINANCIAL GROUP LLC1 year Service code 27 · EIN 11-3709731	Advisory (Plan)	$12,039
WITT FINANCIAL GROUP LLC1 year Filed as: WITT FINANCIAL GROUP Service code 27	Advisory (Plan)	$12,038

Plan features & details

Pension benefit codes2E2J2K2F2G3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$57K

$152 / participant

Contract admin$57K100.0%

% of EOY assets

0.620%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: COULTER & JUSTUS, P.C.
Auditor EIN: 621532536
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$46,246

$58,911-21.5%

$129,384-64.3%

$77,736-40.5%

Participation rate

43.6%

59.4%-15.8pp

69.6%-26.1pp

70.6%-27.0pp

Annual return

8.82%

24.75%-15.9pp

9461.77%-9453.0pp

31.26%-22.4pp

Employer contribution / active EE

$463

$1,955-76.3%

$4,153-88.8%

$2,728-83.0%

Participant deferral / active EE

$1,296

$3,220-59.7%

$4,166-68.9%

$4,651-72.1%

Admin fee / account holder

$287

$592-51.5%

$7,686-96.3%

$433-33.8%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS1 year

Filed as: TRANSAMERICA LIFE INSURANCE CO

Service code 15 · EIN 39-0989781

Recordkeeping

$21,196

TRUSTCORE FINANCIAL8 years

Service code 27

Advisory (Plan)

$21,196

PRINCIPAL LIFE INSURANCE COMPANY10+ years

Service code 13 · EIN 42-0127290

Contract Administrator

$14,925

WITT FINANCIAL GROUP LLC1 year

Service code 27 · EIN 11-3709731

Advisory (Plan)

$12,039

WITT FINANCIAL GROUP LLC1 year

Filed as: WITT FINANCIAL GROUP

Service code 27

Advisory (Plan)

$12,038

FAIRFIELD GLADE COMMUNITY CLUB RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FAIRFIELD GLADE COMMUNITY CLUB RETIREMENT PLAN

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