Retirement plan

EMPLOYEE BENEFIT PLAN OF TEXAS VETERINARY MEDICAL ASSOCIATION

Name: TEXAS VETERINARY MEDICAL ASSOCIATIO N - EMPLOYEE BENEFIT PLAN OF TEXAS VETERINARY MEDICAL ASSOCIATION (2015) Form 5500
Creator: TEXAS VETERINARY MEDICAL ASSOCIATIO N
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF TEXAS VETERINARY MEDICAL ASSOCIATION, TEXAS VETERINARY MEDICAL ASSOCIATIO N

TEXAS VETERINARY MEDICAL ASSOCIATIO NEIN 75-1094125Plan #001PY 2015

8104 EXCHANGE DR - AUSTIN, TX 78754512-452-4224tvma.orgLinkedIn11-50 employeesnon-profit organization management

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$546K

No prior year

Total participants

No prior year

Average account balance

$39,026

No prior year

Annual return

-1.29%

No prior year

Benchmarks

See 26,342 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort26,342 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.54M

Not enough data

1 years with asset history on file

Average account balance

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

$70K

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.

146.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$154K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+13.02%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3721

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 codes2G2F

Plan features

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.

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

$45K

$4453 / participant

Other / not subdivided$45K100.0%

% of EOY assets

8.151%

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

$39,026

$84,697-53.9%

$73,845-47.2%

$125,393-68.9%

Participation rate

80.0%

76.8%+3.2pp

73.4%+6.6pp

83.2%-3.2pp

Annual return

-1.29%

3123.66%-3125.0pp

2267.91%-2269.2pp

282.23%-283.5pp

Employer contribution / active EE

$2,774

$3,123-11.2%

$2,788-0.5%

$4,866-43.0%

Participant deferral / active EE

$3,508

$3,993-12.1%

$3,583-2.1%

$5,351-34.4%

Admin fee / account holder

$3,181

$5,692-44.1%

$4,881-34.8%

$9,541-66.7%

EMPLOYEE BENEFIT PLAN OF TEXAS VETERINARY MEDICAL ASSOCIATION

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF TEXAS VETERINARY MEDICAL ASSOCIATION

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