Retirement plan

NATURAL RESOURCES CONSERVATION SERVICE FEDERAL CREDIT UNION CAPITAL ACCUMULATION PLAN

Name: NATURAL RESOURCES CONSERVATION SERVICE FEDERAL CREDIT UNION - NATURAL RESOURCES CONSERVATION SERVICE FEDERAL CREDIT UNION CAPITAL ACCUMULATION PLAN (2024) Form 5500
Creator: NATURAL RESOURCES CONSERVATION SERVICE FEDERAL CREDIT UNION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NATURAL RESOURCES CONSERVATION SERVICE FEDERAL CREDIT UNION CAPITAL ACCUMULATION PLAN, NATURAL RESOURCES CONSERVATION SERVICE FEDERAL CREDIT UNION

NATURAL RESOURCES CONSERVATION SERVICE FEDERAL CREDIT UNIONEIN 75-0793122Plan #011PY 2024

PO BOX 6567 - FORT WORTH, TX 761150567817-921-9302

Prospect flagsLow returnsLow assets / participant

How to read this page

Total assets (EOY)

$51K

+10.7% from 2023

Total participants

-50.0% from 2023

Average account balance

$25,728

+10.7% from 2023

Annual return

4.11%

+2.78 pp from 2023

Benchmarks

See 37,087 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort37,087 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$51K

Not enough data

1 years with asset history on file

Average account balance

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

$26K

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.

200.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3K

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

+4.11%

Not enough data

1 years with return on file

Admin fee / account holder

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

$78

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 codes2E2F2G2J2T3D

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

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$156

$156 / participant

Other / not subdivided$156100.0%

% of EOY assets

0.303%

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

$25,728

$201,372-87.2%

$184,260-86.0%

$145,884-82.4%

Participation rate

100.0%

87.5%+12.5pp

86.8%+13.2pp

80.3%+19.7pp

Annual return

4.11%

29.04%-24.9pp

28.84%-24.7pp

551.85%-547.7pp

Employer contribution / active EE

$3,055

$7,024-56.5%

$6,427-52.5%

$4,662-34.5%

Participant deferral / active EE

$9,808-100.0%

$9,133-100.0%

$6,690-100.0%

Admin fee / account holder

$78

$16,362-99.5%

$13,898-99.4%

$13,392-99.4%

NATURAL RESOURCES CONSERVATION SERVICE FEDERAL CREDIT UNION CAPITAL ACCUMULATION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NATURAL RESOURCES CONSERVATION SERVICE FEDERAL CREDIT UNION CAPITAL ACCUMULATION 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