Retirement plan

DISABILITY RIGHTS TEXAS 401(K) PLAN

Name: DISABILITY RIGHTS TEXAS - DISABILITY RIGHTS TEXAS 401(K) PLAN (2020) Form 5500
Creator: DISABILITY RIGHTS TEXAS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DISABILITY RIGHTS TEXAS 401(K) PLAN, DISABILITY RIGHTS TEXAS

DISABILITY RIGHTS TEXASEIN 74-1916289Plan #001PY 2020

2222 WEST BRAKER LANE - AUSTIN, TX 78758512-454-4816disabilityrightstx.orgLinkedIn51-200 employeeslegal services

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$14.8M

+23.1% from 2019

Total participants

213

+4.4% from 2019

Average account balance

$71,014

+13.1% from 2019

Annual return

13.90%

-6.58 pp from 2019

Benchmarks

See 5,415 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,415 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$21.42M

Not enough data

1 years with asset history on file

Average account balance

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

$87K

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.

245

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

$2.21M

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

+12.10%

Not enough data

1 years with return on file

Admin fee / account holder

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

$350

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 7 by compensation

Provider	Service type	Compensation
SIGMA FINANCIAL CORPORATION3 years Filed as: SIGMA PLANNING CORPORATION Service code 27 300 PARKLAND PLAZA · ANN ARBOR, MI 48103	Advisory (Plan)	$24,338
GREAT-WEST LIFE & ANNUITY INSURANCE6+ years Service code 64 8515 E ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$21,111
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: ADVISED ASSETS GROUP Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$10,665
THE RETIREMENT ADVANTAGE INC1 year Service code 13	Contract Administrator	$4,555
CETERA ADVISOR NETWORKS LLC1 year Filed as: CWM LLC Service code 27 13321 CALIFORNIA ST STE 100 · OMAHA, NE 68154	Advisory (Plan)	$2,303
SCHOLZ & FRIENDS ENLIGHTENED RETIRE2 years Service code 13 1020 N E LOOP GROUP · SAN ANTONIO, TX 78209	Contract Administrator	$1,508
THE RETIREMENT ADVANTAGE INC1 year Filed as: THE RETIREMENT ADVANTAGE, INC Service code 13 101 E GRAND AVENUE STE 16 · PORT WASHINGTON, WI 53074	Contract Administrator	$0

Plan features & details

Pension benefit codes2A2E2F2G2J2T3D

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.
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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$57K

$375 / participant

Contract admin$3950.7%
Other / not subdivided$56K99.3%

% of EOY assets

0.382%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: KAYLA WALLACE, CPA
Auditor EIN: 473744326
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$71,014

$58,888+20.6%

$178,499-60.2%

$73,493-3.4%

Participation rate

97.4%

66.2%+31.1pp

81.9%+15.4pp

70.7%+26.7pp

Annual return

13.90%

24.86%-11.0pp

151.10%-137.2pp

28.51%-14.6pp

Employer contribution / active EE

$5,027

$2,236+124.8%

$5,011+0.3%

$2,270+121.4%

Participant deferral / active EE

$4,732

$2,568+84.3%

$5,202-9.0%

$3,740+26.5%

Admin fee / account holder

$271

$400-32.3%

$13,986-98.1%

$513-47.2%

Provider

Service type

Compensation

SIGMA FINANCIAL CORPORATION3 years

Filed as: SIGMA PLANNING CORPORATION

Service code 27

300 PARKLAND PLAZA · ANN ARBOR, MI 48103

Advisory (Plan)

$24,338

GREAT-WEST LIFE & ANNUITY INSURANCE6+ years

Service code 64

8515 E ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$21,111

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: ADVISED ASSETS GROUP

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$10,665

THE RETIREMENT ADVANTAGE INC1 year

Service code 13

Contract Administrator

$4,555

CETERA ADVISOR NETWORKS LLC1 year

Filed as: CWM LLC

Service code 27

13321 CALIFORNIA ST STE 100 · OMAHA, NE 68154

Advisory (Plan)

$2,303

SCHOLZ & FRIENDS ENLIGHTENED RETIRE2 years

Service code 13

1020 N E LOOP GROUP · SAN ANTONIO, TX 78209

Contract Administrator

$1,508

THE RETIREMENT ADVANTAGE INC1 year

Filed as: THE RETIREMENT ADVANTAGE, INC

Service code 13

101 E GRAND AVENUE STE 16 · PORT WASHINGTON, WI 53074

Contract Administrator

DISABILITY RIGHTS TEXAS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DISABILITY RIGHTS TEXAS 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