Retirement plan

TEXAS DISTRICT & COUNTY ATTORNEYS ASSOCIATION 401(K) SAVINGS PLAN

Name: TEXAS DISTRICT & COUNTY ATTORNEYS ASSOCIATION - TEXAS DISTRICT & COUNTY ATTORNEYS ASSOCIATION 401(K) SAVINGS PLAN (2022) Form 5500
Creator: TEXAS DISTRICT & COUNTY ATTORNEYS ASSOCIATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TEXAS DISTRICT & COUNTY ATTORNEYS ASSOCIATION 401(K) SAVINGS PLAN, TEXAS DISTRICT & COUNTY ATTORNEYS ASSOCIATION

TEXAS DISTRICT & COUNTY ATTORNEYS ASSOCIATIONEIN 74-1682894Plan #001PY 2022

505 WEST 12TH STREET, SUITE 100 - AUSTIN, TX 787011864512-474-2436tdcaa.comLinkedIn11-50 employeese-learning

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3.1M

-19.1% from 2021

Total participants

0.0% from 2021

Average account balance

$195,451

-14.0% from 2021

Annual return

-13.03%

-29.53 pp from 2021

Benchmarks

See 6,939 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants<25

Cohort6,939 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.25M

Not enough data

1 years with asset history on file

Average account balance

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

$224K

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.

126.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$193K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+12.46%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5483

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 codes3D2J2G2E2F2T

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

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

$395K

$24709 / participant

Other / not subdivided$395K100.0%

% of EOY assets

12.642%

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

$195,451

$67,352+190.2%

$60,899+220.9%

$134,509+45.3%

Participation rate

93.8%

76.2%+17.6pp

73.1%+20.6pp

81.2%+12.5pp

Annual return

-13.03%

49.99%-63.0pp

16.92%-29.9pp

418.13%-431.2pp

Employer contribution / active EE

$7,178

$3,098+131.7%

$2,702+165.6%

$4,741+51.4%

Participant deferral / active EE

$2,907

$4,539-35.9%

$3,817-23.8%

$6,400-54.6%

Admin fee / account holder

$24,709

$4,585+439.0%

$3,225+666.2%

$11,427+116.2%

TEXAS DISTRICT & COUNTY ATTORNEYS ASSOCIATION 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TEXAS DISTRICT & COUNTY ATTORNEYS ASSOCIATION 401(K) SAVINGS 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