Retirement plan

COMMUNITY FOUNDATION OF NORTH TEXAS, INC 403B RETIREMENT PLAN

Name: COMMUNITY FOUNDATION OF NORTH TEXAS, INC - COMMUNITY FOUNDATION OF NORTH TEXAS, INC 403B RETIREMENT PLAN (2024) Form 5500
Creator: COMMUNITY FOUNDATION OF NORTH TEXAS, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COMMUNITY FOUNDATION OF NORTH TEXAS, INC 403B RETIREMENT PLAN, COMMUNITY FOUNDATION OF NORTH TEXAS, INC

COMMUNITY FOUNDATION OF NORTH TEXAS, INCEIN 75-2267767Plan #001PY 2024

777 MAIN STREET, SUITE 2850 - FORT WORTH, TX 76102817-877-0702

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3.4M

+15.3% from 2023

Total participants

0.0% from 2023

Average account balance

$114,993

+11.5% from 2023

Annual return

11.29%

-5.31 pp from 2023

Benchmarks

See 49,870 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort49,870 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.45M

Not enough data

1 years with asset history on file

Average account balance

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

$115K

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

$204K

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

+11.29%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2796

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 codes2L2F2G2T3D2J2E

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
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

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

$84K

$4194 / participant

Other / not subdivided$84K100.0%

% of EOY assets

2.431%

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

$114,993

$88,815+29.5%

$81,882+40.4%

$145,897-21.2%

Participation rate

95.0%

75.1%+19.9pp

72.4%+22.6pp

80.3%+14.7pp

Annual return

11.29%

1033.75%-1022.5pp

779.47%-768.2pp

552.29%-541.0pp

Employer contribution / active EE

$4,746

$3,086+53.8%

$2,916+62.8%

$4,663+1.8%

Participant deferral / active EE

$5,441

$4,647+17.1%

$4,323+25.9%

$6,689-18.7%

Admin fee / account holder

$2,796

$8,434-66.9%

$7,360-62.0%

$13,390-79.1%

COMMUNITY FOUNDATION OF NORTH TEXAS, INC 403B RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COMMUNITY FOUNDATION OF NORTH TEXAS, INC 403B RETIREMENT 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