Plan Snapshot
- Plan Sponsor: Houston Ballet Foundation
- Sponsor EIN: 741394920
- Sponsor Address: 601 PRESTON ST, HOUSTON, TX, 77002
- Plan Type: 403(b)
- Plan Number: 001
- Total Participants: 478
- Total Assets: $23.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 478 | $23.0M | $813,738 | $935,583 |
| 2023 | 451 | $19.7M | $645,425 | $751,684 |
| 2022 | 461 | $17.5M | $741,805 | $914,401 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| VALIC RETIREMENT SERVICES CO. | Other Service Provider | $39,156 | — | $39,156 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $39,156
- Estimated Expense Ratio: 0.170% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $39,558 | — | $39,558 | — | — |
| 2023 | $34,841 | — | $34,841 | — | — |
| 2022 | $43,696 | — | $43,696 | — | — |