Retirement plan

ALFRED WILLIAM HARRIS FACULTY ALUMNI CENTER 401(K) PLAN

Name: ALFRED WILLIAM HARRIS FACULTY ALUMNI CENTER, INC. - ALFRED WILLIAM HARRIS FACULTY ALUMNI CENTER 401(K) PLAN (2023) Form 5500
Creator: ALFRED WILLIAM HARRIS FACULTY ALUMNI CENTER, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ALFRED WILLIAM HARRIS FACULTY ALUMNI CENTER 401(K) PLAN, ALFRED WILLIAM HARRIS FACULTY ALUMNI CENTER, INC.

ALFRED WILLIAM HARRIS FACULTY ALUMNI CENTER, INC.EIN 75-1476246Plan #001PY 2023

5323 HARRY HINES BLVD. - DALLAS, TX 753909097214-648-2653

Prospect flagsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$182K

+19.9% from 2022

Total participants

+41.2% from 2022

Average account balance

$182,033

+19.9% from 2022

Annual return

9.63%

+21.57 pp from 2022

Benchmarks

See 12,893 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants<25

Cohort12,893 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$226K

Not enough data

1 years with asset history on file

Average account balance

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

$226K

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.

3.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$53

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

+14.21%

Not enough data

1 years with return on file

Admin fee / account holder

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

$235

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 employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$227

$9 / participant

Other / not subdivided$227100.0%

% of EOY assets

0.125%

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

$182,033

$81,749+122.7%

$58,544+210.9%

$139,456+30.5%

Participation rate

4.2%

61.3%-57.2pp

50.9%-46.7pp

80.3%-76.2pp

Annual return

9.63%

7425.45%-7415.8pp

4249.56%-4239.9pp

373.45%-363.8pp

Employer contribution / active EE

$1,398-100.0%

$1,053-100.0%

$4,753-100.0%

Participant deferral / active EE

$652

$2,555-74.5%

$1,923-66.1%

$6,711-90.3%

Admin fee / account holder

$227

$3,272-93.1%

$2,520-91.0%

$11,407-98.0%

ALFRED WILLIAM HARRIS FACULTY ALUMNI CENTER 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ALFRED WILLIAM HARRIS FACULTY ALUMNI CENTER 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