Retirement plan

HOMELESS NETWORK OF TEXAS DBA TEXAS HOMELESS NETWO RK 401(K)

Name: HOMELESS NETWORK OF TEXAS - HOMELESS NETWORK OF TEXAS DBA TEXAS HOMELESS NETWO RK 401(K) (2019) Form 5500
Creator: HOMELESS NETWORK OF TEXAS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HOMELESS NETWORK OF TEXAS DBA TEXAS HOMELESS NETWO RK 401(K), HOMELESS NETWORK OF TEXAS

HOMELESS NETWORK OF TEXASdba TEXAS HOMELESS NETWORKEIN 74-2646586Plan #001PY 2019

1713 FORTVIEW ROAD - AUSTIN, TX 78704512-482-8270

Prospect flagsLow returnsLow participation

How to read this page

Total assets (EOY)

$216K

+26.9% from 2018

Total participants

+35.0% from 2018

Average account balance

$11,394

-6.5% from 2018

Annual return

2.81%

-2.47 pp from 2018

Benchmarks

See 35,105 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort35,105 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$758K

Not enough data

1 years with asset history on file

Average account balance

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

$21K

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.

150.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$82K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+11.80%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1002

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 codes2E2F2G2J3D

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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$3K

$173 / participant

Other / not subdivided$3K100.0%

% of EOY assets

1.518%

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

$11,394

$103,038-88.9%

$90,324-87.4%

$152,909-92.5%

Participation rate

57.9%

75.9%-18.0pp

73.3%-15.4pp

82.5%-24.6pp

Annual return

2.81%

95.25%-92.4pp

78.15%-75.3pp

345.46%-342.7pp

Employer contribution / active EE

$698

$3,141-77.8%

$2,856-75.5%

$4,764-85.3%

Participant deferral / active EE

$1,562

$4,282-63.5%

$3,885-59.8%

$5,851-73.3%

Admin fee / account holder

$173

$6,177-97.2%

$5,356-96.8%

$11,601-98.5%

HOMELESS NETWORK OF TEXAS DBA TEXAS HOMELESS NETWO RK 401(K)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HOMELESS NETWORK OF TEXAS DBA TEXAS HOMELESS NETWO RK 401(K)

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