Retirement plan

MARBRIDGE FOUNDATION 401(K) PLAN

Name: MARBRIDGE FOUNDATION, INC. - MARBRIDGE FOUNDATION 401(K) PLAN (2024) Form 5500
Creator: MARBRIDGE FOUNDATION, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MARBRIDGE FOUNDATION 401(K) PLAN, MARBRIDGE FOUNDATION, INC.

MARBRIDGE FOUNDATION, INC.EIN 74-1183095Plan #003PY 2024

2310 BLISS SPILLAR ROAD - MANCHACA, TX 78652512-282-1144

Prospect flagsLow returnsHigh feesLow participation

How to read this page

Total assets (EOY)

$5.5M

+12.0% from 2023

Total participants

313

+6.1% from 2023

Average account balance

$29,222

+7.8% from 2023

Annual return

11.49%

-2.34 pp from 2023

Benchmarks

See 4,141 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort4,141 peers

Snapshot2024

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$6.16M

Not enough data

1 years with asset history on file

Average account balance

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

$34K

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.

181

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.

43.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$755K

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

+13.48%

Not enough data

1 years with return on file

Admin fee / account holder

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

$418

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

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
EMPLOYEE FIDUCIARY, LLC9+ years Filed as: EMPLOYEE INCENTIVE PLANS, INC. Service code 12 12466 LOS INDIOS TRAIL · AUSTIN, TX 78729	Participant loan processing; Particip...	$28,317
ATLASMARK FINANCIAL, INC9+ years Service code 16 12466 LOS INDIOS TRAIL · AUSTIN, TX 78729	Consulting	$10,338
FIDELITY INVESTMENTS INSTITUTIONAL1 year Filed as: FIDELITY BROKERAGE SERVICES, INC. Service code 12 200 SEAPORT BLVD. · BOSTON, MA 02210	Other services; Claims processing; Cu...	$2,068

Plan features & details

Pension benefit codes2A2E2F2G2J2K3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$79K

$290 / participant

Recordkeeping$28K35.6%
Trustee / custodial$2K2.6%
Investment mgmt$10K13.0%
Other / not subdivided$39K48.7%

% of EOY assets

1.439%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: PEGGY S. EDGE, CPA, LLC
Auditor EIN: 264527814
Audit fees: (not subdivided)
Opinion code: Unqualified

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$29,222

$50,815-42.5%

$155,509-81.2%

$77,643-62.4%

Participation rate

54.7%

63.1%-8.4pp

78.2%-23.4pp

70.6%-15.8pp

Annual return

11.49%

34.80%-23.3pp

64.67%-53.2pp

31.24%-19.7pp

Employer contribution / active EE

$886

$1,993-55.6%

$4,672-81.0%

$2,726-67.5%

Participant deferral / active EE

$1,537

$2,822-45.5%

$5,626-72.7%

$4,647-66.9%

Admin fee / account holder

$421

$437-3.7%

$15,912-97.4%

$430-2.3%

Provider

Service type

Compensation

EMPLOYEE FIDUCIARY, LLC9+ years

Filed as: EMPLOYEE INCENTIVE PLANS, INC.

Service code 12

12466 LOS INDIOS TRAIL · AUSTIN, TX 78729

Participant loan processing; Particip...

$28,317

ATLASMARK FINANCIAL, INC9+ years

Service code 16

12466 LOS INDIOS TRAIL · AUSTIN, TX 78729

Consulting

$10,338

FIDELITY INVESTMENTS INSTITUTIONAL1 year

Filed as: FIDELITY BROKERAGE SERVICES, INC.

Service code 12

200 SEAPORT BLVD. · BOSTON, MA 02210

Other services; Claims processing; Cu...

$2,068

MARBRIDGE FOUNDATION 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MARBRIDGE FOUNDATION 401(K) 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