Texas › Arts, entertainment and recreation › 500 to 999 participants
Form 5500 statement · plan year 1 Jan 2024 to 31 Dec 2024
Houston Grand Opera, Inc. 403(b) Plan
Sponsored by Houston Grand Opera, Inc., Houston, TX
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
In the plan year ending 31 Dec 2024, Houston Grand Opera, Inc. 403(b) Plan covered 948 participants and held $8.1M in net assets. The plan is a 403(b) plan sponsored by Houston Grand Opera, Inc. of Houston, Texas.
Net assets came to $8,576 per participant, well below the $46,267 median for defined contribution plans with 500 to 999 participants and well below the $37,341 median for defined contribution plans in arts, entertainment and recreation. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
The employer contributed $122K during the year, or $137 per active participant against a same-size median of $1,934; participants contributed $563K. Benefits paid out totalled $860K.
Schedule C lists 4 service provider organisations paid $5,000 or more, with reported compensation of $40K: $42.51 per participant, well below the same-size median of $113. Administrative expenses charged to the plan were $35K. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $2.3M in 2010 to $8.1M in 2024 (up 254%), and participants from 167 to 948 (up 468%).
The independent accountant's opinion on the financial statements was disclaimer, from an audit whose scope was limited under ERISA section 103(a)(3)(C) to exclude investment information certified by a bank or insurer.
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DC plans |
|---|---|---|---|---|
| Net assets per participant | $8,576 | $46,267 | $37,341 | $53,102 |
| Employer contributions per active participant | $137 | $1,934 | $1,567 | $2,175 |
| Schedule C compensation per participant | $42.51 | $113 | $89.78 | $123 |
| Schedule C compensation, share of net assets | 0.50% | 0.25% | 0.27% | 0.26% |
| Administrative expenses per participant | $37.05 | $109 | $83.28 | $116 |
Peer columns are medians for plan year 2024 across defined contribution plans with 100 or more participants: 500 to 999 participants (10,588 plans), arts, entertainment and recreation (1,025) and all US plans (63,460). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2024 | 948 | $8.1M | $8,576 | $122K | $563K | $40K |
| 2023 | 1,067 | $7.3M | $6,798 | $94K | $510K | $53K |
| 2022 | 877 | $6.4M | $7,242 | $91K | $422K | $44K |
| 2021 | 1,028 | $7.7M | $7,446 | $42K | $452K | $43K |
| 2020 | 990 | $6.5M | $6,612 | $52K | $429K | $30K |
| 2019 | 1,710 | $5.4M | $3,133 | $95K | $388K | $28K |
| 2018 | 1,515 | $4.3M | $2,807 | $98K | $382K | $28K |
| 2017 | 1,348 | $4.7M | $3,453 | $95K | $356K | $24K |
| 2016 | 1,171 | $3.8M | $3,208 | $83K | $314K | $26K |
| 2015 | 928 | $3.5M | $3,773 | $87K | $280K | $28K |
| 2014 | 1,151 | $3.6M | $3,102 | $92K | $278K | $26K |
| 2013 | 918 | $3.4M | $3,727 | $90K | $283K | $24K |
| 2012 | 792 | $2.6M | $3,251 | $101K | $249K | $30K |
| 2011 | 802 | $2.3M | $2,924 | $66K | $194K | $38K |
| 2010 | 167 | $2.3M | $13,743 | $30K | $198K | $39K |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$7,252,824
- Employer contributions$122,086
- Participant contributions$563,222
- Rollovers and other contributions—
- Total contributions$685,308
- Total income, including investment results$1,772,020
- Benefits paid$859,804
- Administrative expenses$35,120
- Total expenses$894,924
- Net income$877,096
- Net transfers$0
- Net assets, end of year$8,129,920
Participants
- Active participants894
- Retired or separated, receiving benefits2
- Retired or separated, entitled to future benefits52
- Participants with account balances133
- Total participants, end of year948
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Alliance Pension Consultants, LLC | Recordkeeping and information management | $25,120 | $0 |
| Oakstreet Wealth Management | Investment advisory (plan); Named fiduciary | $10,000 | $0 |
| Charles Schwab Trust Bank | Custodial (other than securities); Trustee (bank, trust company, or similar financial institution); Trustee (directed) | $0 | $5,181 |
| Charles Schwab & Co. Inc. | Custodial (securities); Securities brokerage | $0 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Recordkeeping fees$25,120
- Investment advisory and management fees$10,000
- Total administrative expenses$35,120
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Registered investment companies (mutual funds)$7.7M · 94.2%
- Other investments$448K · 5.5%
- Cash (interest and non-interest bearing)$26K · 0.3%
- Participant loans$1,157 · 0.0%
Audit and compliance answers, as filed
- Accountant's opinionDisclaimer
- Audit scope limited under ERISA section 103(a)(3)(C)Yes
- Accounting firmBlazek & Vetterling
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $500,000
- Blackout period during the yearNo
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
2FERISA section 404(c) plan2GTotal participant-directed account plan2MCode section 403(b)(7) accounts (custodial accounts for regulated investment company stock)2RParticipant-directed brokerage accounts provided as an investment option under the plan2TTotal or partial participant-directed account plan with a default investment account3DPre-approved pension plan
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 711100: Performing Arts Companies.
Similar plans in Texas
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Cinepolis USA 401(k) Plan | USA Cinema Services, LLC | 954 | $4.7M | $4,975 |
| Rangers Baseball 401(k) Savings and Retirement Plan | Rangers Baseball, LLC | 917 | $49.5M | $54,030 |
| Ambassador Theatre Group-North America LLC 401(k) Plan | Ambassador Theatre Group-North America | 971 | $8.8M | $9,059 |
| Ifly 401(k) Plan | Sky Venture Management, LLC | 771 | $13.1M | $16,955 |
| The Museum of Fine Arts, Houston Retirement Savings Plan | The Museum of Fine Arts, Houston | 1,016 | $67.6M | $66,563 |
| FC Dallas Retirement Plan | FC Dallas Soccer, LLC | 756 | $14.1M | $18,656 |
Defined contribution plans in arts, entertainment and recreation closest in size.
Questions and answers
How big is Houston Grand Opera, Inc. 403(b) Plan?
948 participants at the end of the plan year ending 31 Dec 2024, of whom 894 were active employees, with net assets of $8,129,920. Among defined contribution plans that places it in the 500 to 999 participants band, which held 10,588 plans in plan year 2024.
What does Houston Grand Opera, Inc. contribute per participant?
The filing reports $122,086 in employer contributions for the year, which is $137 per active participant; the median for plans of the same type and size was $1,934 in plan year 2024. Form 5500 reports the total only. It does not state the match formula, and the per-participant figure is an average, not any one person's contribution.
What fees does the plan pay and how do they compare?
Schedule C reports $40,301 in compensation to service provider organisations, $42.51 per participant or 0.50% of net assets. The same-size median among plans reporting any Schedule C compensation was $113 per participant. Administrative expenses on Schedule H were $35,120. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Houston Grand Opera, Inc.. Recordkeeping or administration: Alliance Pension Consultants, LLC. Investment advisory or management: Oakstreet Wealth Management. Trustee or custodian: Charles Schwab Trust Bank and Charles Schwab & Co. Inc.. The financial statements were audited by Blazek & Vetterling. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an disclaimer opinion from a limited-scope audit, in which the accountant did not audit investment information certified by a bank or insurance company. A disclaimer of opinion was the usual result of a limited-scope audit under the rules in force before 2021 and is not by itself a finding about the plan.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jan 2024 to 31 Dec 2024, received by the Department of Labor on 8 Oct 2025. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 74-6016764, plan 001, received 8 Oct 2025; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.