Retirement plan

BRYAN COLLEGE STATION CHAMBER OF COMMERCE 401(K) RETIREMENT PLAN

Name: BRYAN-COLLEGE STATION CHAMBER OF COMMERCE - BRYAN COLLEGE STATION CHAMBER OF COMMERCE 401(K) RETIREMENT PLAN (2024) Form 5500
Creator: BRYAN-COLLEGE STATION CHAMBER OF COMMERCE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BRYAN COLLEGE STATION CHAMBER OF COMMERCE 401(K) RETIREMENT PLAN, BRYAN-COLLEGE STATION CHAMBER OF COMMERCE

BRYAN-COLLEGE STATION CHAMBER OF COMMERCEEIN 74-0531205Plan #002PY 2024

4001 E. 29TH STREET, SUITE 175 - BRYAN, TX 77802979-260-5200LinkedIn1-10 employeesnon-profit organization management

Prospect flagsHigh feesLow participant contributionLow fidelity bond

How to read this page

Total assets (EOY)

$1.1M

+20.7% from 2023

Total participants

0.0% from 2023

Average account balance

$52,128

+32.2% from 2023

Annual return

21.27%

+10.34 pp from 2023

Benchmarks

See 143,415 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort143,415 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.09M

Not enough data

1 years with asset history on file

Average account balance

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

$52K

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.

233.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$39K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+21.27%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2534

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 codes2E3D2G2J2F2T

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.
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

3 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$53K

$5913 / participant

Other / not subdivided$53K100.0%

% of EOY assets

4.862%

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

$52,128

$160,070-67.4%

$147,117-64.6%

$145,897-64.3%

Participation rate

77.8%

84.0%-6.2pp

82.2%-4.4pp

80.3%-2.5pp

Annual return

21.27%

98.69%-77.4pp

420.54%-399.3pp

552.29%-531.0pp

Employer contribution / active EE

$3,127

$5,285-40.8%

$4,932-36.6%

$4,663-32.9%

Participant deferral / active EE

$1,153

$8,419-86.3%

$8,065-85.7%

$6,689-82.8%

Admin fee / account holder

$2,534

$15,035-83.1%

$12,993-80.5%

$13,390-81.1%

BRYAN COLLEGE STATION CHAMBER OF COMMERCE 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BRYAN COLLEGE STATION CHAMBER OF COMMERCE 401(K) 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