Retirement plan

FOUNDATION TITLE 401(K)PLAN

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

FOUNDATION TITLE, LLCEIN 86-1139935Plan #001PY 2024

57 EUCLID STREET - WOODBURY, NJ 080964646856-853-5012ftnj.comLinkedIn51-200 employeesinsurance

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$10.4M

+4.6% from 2023

Total participants

183

+2.2% from 2023

Average account balance

$76,862

+6.2% from 2023

Annual return

12.11%

-2.82 pp from 2023

Benchmarks

See 1,092 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants100-249

Cohort1,092 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.38M

Not enough data

1 years with asset history on file

Average account balance

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

$77K

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.

135

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.

66.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$810K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+12.11%

Not enough data

1 years with return on file

Admin fee / account holder

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

$-47

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 6 by compensation

Provider	Service type	Compensation
PARK AVENUE SECURITIES LLC2 years Service code 55 8515 EAST ORCHARD RD · GREENWOOD VILLAGE, CO 80111	Other Commissions	$17,861
LOREN D. STARK COMPANY3 years Service code 13	Contract Administrator	$5,053
SBC BENEFIT CONSULTANTS, INC.5 years Service code 13 · EIN 22-3076875 51 CHESTNUT ST · RUTHERFORD, NJ 07070	Contract Administrator	$3,120
LOREN D. STARK COMPANY3 years Filed as: LOREN D STARK COMPANY Service code 13 · EIN 74-1537058 10750 ROCKLEY ROAD · HOUSTON, TX 77099	Contract Administrator	$2,240
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: EMPOWER ANNUITY INS CO OF AMERICA Service code 64 8515 EAST ORCHARD RD · GREENWOOD VILLAGE, CA 80111	Recordkeeping Fees	$961
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ADVISORY GROUP LLC Service code 28 8515 EAST ORCHARD RD · GREENWOOD VILLAGE, CO 80111	Investment Management	$235

Plan features & details

Pension benefit codes2E2G2J2K3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Plan-level admin expenses are zero - fees are likely paid at the master-trust level rather than the individual plan.

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: WIPFLI
Auditor EIN: 390758449
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$76,862

$73,459+4.6%

$178,528-56.9%

$74,429+3.3%

Participation rate

66.7%

66.5%+0.1pp

77.1%-10.4pp

67.2%-0.5pp

Annual return

12.11%

17.50%-5.4pp

27.11%-15.0pp

1368.38%-1356.3pp

Employer contribution / active EE

$999

$2,219-55.0%

$3,950-74.7%

$2,625-61.9%

Participant deferral / active EE

$4,624

$4,515+2.4%

$6,278-26.4%

$4,348+6.3%

Admin fee / account holder

-$47

$1,812-102.6%

$10,419-100.4%

$1,944-102.4%

Provider

Service type

Compensation

PARK AVENUE SECURITIES LLC2 years

Service code 55

8515 EAST ORCHARD RD · GREENWOOD VILLAGE, CO 80111

Other Commissions

$17,861

LOREN D. STARK COMPANY3 years

Service code 13

Contract Administrator

$5,053

SBC BENEFIT CONSULTANTS, INC.5 years

Service code 13 · EIN 22-3076875

51 CHESTNUT ST · RUTHERFORD, NJ 07070

Contract Administrator

$3,120

LOREN D. STARK COMPANY3 years

Filed as: LOREN D STARK COMPANY

Service code 13 · EIN 74-1537058

10750 ROCKLEY ROAD · HOUSTON, TX 77099

Contract Administrator

$2,240

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: EMPOWER ANNUITY INS CO OF AMERICA

Service code 64

8515 EAST ORCHARD RD · GREENWOOD VILLAGE, CA 80111

Recordkeeping Fees

$961

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ADVISORY GROUP LLC

Service code 28

8515 EAST ORCHARD RD · GREENWOOD VILLAGE, CO 80111

Investment Management

$235

FOUNDATION TITLE 401(K)PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FOUNDATION TITLE 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