Retirement plan

SOUTHWEST TRANSPLANT ALLIANCE 403(B) PLAN

Name: SOUTHWEST TRANSPLANT ALLIANCE - SOUTHWEST TRANSPLANT ALLIANCE 403(B) PLAN (2023) Form 5500
Creator: SOUTHWEST TRANSPLANT ALLIANCE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SOUTHWEST TRANSPLANT ALLIANCE 403(B) PLAN, SOUTHWEST TRANSPLANT ALLIANCE

SOUTHWEST TRANSPLANT ALLIANCEEIN 75-1469319Plan #003PY 2023

8190 MANDERVILLE LANE - DALLAS, TX 75231214-522-0255organ.orgLinkedIn201-500 employeeshospital & health care

Other plans on this EIN

1 filing

#001Retirement-$14.3M assets

Prospect flagsLow employer contributionFailed to transmit contributions

How to read this page

Total assets (EOY)

$9.7M

+20.4% from 2022

Total participants

473

+21.0% from 2022

Average account balance

$22,679

+1.9% from 2022

Annual return

16.87%

+33.26 pp from 2022

Benchmarks

See 1,011 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants250-999

Cohort1,011 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.66M

Not enough data

1 years with asset history on file

Average account balance

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

$24K

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.

488

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.

82.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.12M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+12.78%

Not enough data

1 years with return on file

Admin fee / account holder

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

$124

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 3 by compensation

Provider	Service type	Compensation
NATIONWIDE8 years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$86,138
PROSPERA FINANCIAL SERVICES8 years Service code 27 5429 LBJ FRWY, SUITE 400 · DALLAS, TX 75240	Advisory (Plan)	$23,994
CECILCO8 years Service code 13 14881 QUORUM DRIVE, SUITE 340 · DALLAS, TX 75254	Contract Administrator	$22,273

Plan features & details

Pension benefit codes2F2G2J2S2T3D

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.
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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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 employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$53K

$147 / participant

Contract admin$53K100.0%

% of EOY assets

0.541%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: WEAVER AND TIDWELL, LLP
Auditor EIN: 750786316
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$22,679

$52,188-56.5%

$86,656-73.8%

$74,473-69.5%

Participation rate

87.7%

66.3%+21.4pp

71.7%+16.0pp

70.7%+17.0pp

Annual return

16.87%

44.46%-27.6pp

593.09%-576.2pp

34.36%-17.5pp

Employer contribution / active EE

$71

$2,282-96.9%

$3,025-97.7%

$2,638-97.3%

Participant deferral / active EE

$4,728

$3,383+39.8%

$4,439+6.5%

$4,530+4.4%

Admin fee / account holder

$123

$319-61.5%

$5,619-97.8%

$347-64.7%

Provider

Service type

Compensation

NATIONWIDE8 years

Service code 15

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$86,138

PROSPERA FINANCIAL SERVICES8 years

Service code 27

5429 LBJ FRWY, SUITE 400 · DALLAS, TX 75240

Advisory (Plan)

$23,994

CECILCO8 years

Service code 13

14881 QUORUM DRIVE, SUITE 340 · DALLAS, TX 75254

Contract Administrator

$22,273

SOUTHWEST TRANSPLANT ALLIANCE 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SOUTHWEST TRANSPLANT ALLIANCE 403(B) 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