Retirement plan

TFG 401(K) SAVINGS PLAN

Name: FG, LLC DBA THE FOUNDATION GROUP - TFG 401(K) SAVINGS PLAN (2024) Form 5500
Creator: FG, LLC DBA THE FOUNDATION GROUP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TFG 401(K) SAVINGS PLAN, FG, LLC DBA THE FOUNDATION GROUP

FG, LLC DBA THE FOUNDATION GROUPEIN 81-4579176Plan #333PY 2024

PO BOX 1210 - SIKESTON, MO 63801573-471-1276

Prospect flagsLow participationLow employer contributionLow participant contribution

How to read this page

Total assets (EOY)

$12.3M

+1.9% from 2023

Total participants

2,402

+11.7% from 2023

Average account balance

$29,298

-2.9% from 2023

Annual return

13.08%

-2.97 pp from 2023

Benchmarks

See 1,429 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants1,000-4,999

Cohort1,429 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.30M

Not enough data

1 years with asset history on file

Average account balance

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

$29K

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.

420

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.

14.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.11M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$477

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

+13.08%

Not enough data

1 years with return on file

Admin fee / account holder

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

$174

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 2 by compensation

Provider	Service type	Compensation
LINCOLN NATIONAL CORPORATION5 years Service code 13 · EIN 35-0472300 PO BOX 7877 · FORT WAYNE, IN 46802	Contract Administrator	$60,825
BENEFIT PLANS ADMIN SERVICES, INC.1 year Filed as: BENEFIT PLANS PLUS Service code 99 · EIN 43-1829594 11701 BORMAN DR. · ST. LOUIS, MO 63146	Other Fees	$12,372

Plan features & details

Pension benefit codes2G2J2K3D

Plan features

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$73K

$32 / participant

Investment mgmt$73K100.0%

% of EOY assets

0.595%

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: VAN DE VEN, LLC
Auditor EIN: 201980733
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$29,298

$53,204-44.9%

$155,556-81.2%

$200,096-85.4%

Participation rate

14.6%

64.1%-49.5pp

78.2%-63.6pp

72.0%-57.4pp

Annual return

13.08%

41.02%-27.9pp

64.84%-51.8pp

34.26%-21.2pp

Employer contribution / active EE

$19

$1,850-99.0%

$4,675-99.6%

$3,038-99.4%

Participant deferral / active EE

$458

$3,163-85.5%

$5,631-91.9%

$5,090-91.0%

Admin fee / account holder

$174

$186-6.2%

$15,885-98.9%

$269-35.3%

Provider

Service type

Compensation

LINCOLN NATIONAL CORPORATION5 years

Service code 13 · EIN 35-0472300

PO BOX 7877 · FORT WAYNE, IN 46802

Contract Administrator

$60,825

BENEFIT PLANS ADMIN SERVICES, INC.1 year

Filed as: BENEFIT PLANS PLUS

Service code 99 · EIN 43-1829594

11701 BORMAN DR. · ST. LOUIS, MO 63146

Other Fees

$12,372

TFG 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TFG 401(K) SAVINGS 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