Retirement plan

403(B) THRIFT PLAN FOR EMPLOYEES OF FAMILY SERVICE CENTER OF GALVESTON COUNTY

Name: FAMILY SERVICE CENTER - 403(B) THRIFT PLAN FOR EMPLOYEES OF FAMILY SERVICE CENTER OF GALVESTON COUNTY (2022) Form 5500
Creator: FAMILY SERVICE CENTER
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN FOR EMPLOYEES OF FAMILY SERVICE CENTER OF GALVESTON COUNTY, FAMILY SERVICE CENTER

FAMILY SERVICE CENTEREIN 74-1157849Plan #004PY 2022

2200 MARKET ST STE 600 - GALVESTON, TX 775501532409-762-8636

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$639K

+4.0% from 2021

Total participants

0.0% from 2021

Average account balance

$11,207

+4.0% from 2021

Annual return

-5.24%

-14.00 pp from 2021

Benchmarks

See 19,709 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort19,709 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$813K

Not enough data

1 years with asset history on file

Average account balance

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

$15K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$97K

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

+13.12%

Not enough data

1 years with return on file

Admin fee / account holder

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

$608

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 codes2H3D2J2E

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$7K

$247 / participant

Other / not subdivided$7K100.0%

% of EOY assets

1.162%

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

$11,207

$73,839-84.8%

$143,788-92.2%

$68,495-83.6%

Participation rate

83.3%

66.7%+16.7pp

80.3%+3.0pp

67.9%+15.4pp

Annual return

-5.24%

1.01%-6.2pp

-0.03%-5.2pp

-7.84%+2.6pp

Employer contribution / active EE

$2,560

$3,184-19.6%

$4,952-48.3%

$2,596-1.4%

Participant deferral / active EE

$2,210

$3,384-34.7%

$5,638-60.8%

$4,028-45.1%

Admin fee / account holder

$130

$5,755-97.7%

$14,675-99.1%

$5,403-97.6%

403(B) THRIFT PLAN FOR EMPLOYEES OF FAMILY SERVICE CENTER OF GALVESTON COUNTY

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN FOR EMPLOYEES OF FAMILY SERVICE CENTER OF GALVESTON COUNTY

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