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Original filing (PDF)20250729162210NAL0003105921001
BREAKING GROUND HDFC
Form 5500
FILING_RECEIVED
BREAKING GROUND 403(B) PLAN
403(b) retirement plan
Signals · 1
No recordkeeper disclosed
Active participants
921
Accounts w/ balance
367
Plan assets (EOY)
$19.5M
Net assets (EOY)
$19.5M
How this plan invests
This plan
1 pooled trust
Schedule D
59 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
93
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
100
Vendor stack
80
Participation health
65
Knocking points off
- No recordkeeper disclosed on Schedule C.
- Only 40% as many balances as active participants — suggests many active employees aren't deferring.
Helping the score
- Below-peer total fees (10 bps vs 29 bps peer median).
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for BREAKING GROUND HDFC.
Plan sponsor
Name
BREAKING GROUND HDFC
EIN
11-3048002
Address
505 EIGHTH AVENUE, 15TH FLOOR · NEW YORK, NY · 10018
Phone
(212) 389-9300
Industry
Other Services (ex. Public Admin)see all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
002
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-07-29
Pension benefit codes
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2L · 403(b)(1) annuity
2T · Default investment account (QDIA)
3D · Pre-approved plan (master / prototype / VS)
Audit & trust (Schedule H)
Auditor
CARON & BLETZER, PLLC
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
4 rowsAdvisor / Consultant
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| WILSHIRE ASSOCIATES INCORPORATED | 95-2755361 | — | INVESTMENT ADVISORY | $0 | — |
TPA / Administrator
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | 42-0127290 | — | CONTRACT ADMINISTRATOR | $19K | — |
Other
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| MORGAN STANLEY | 26-4310632 | — | OTHER SERVICES | $0 | — |
| PASI LLC | 26-1407927 | — | OTHER SERVICES | $0 | — |
Investments
58 direct securities · 1 pooled fund· $20.3M(100% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Their holdings are itemized on each fund’s own Form 5500.
Uncategorized
$19.4M
58 holdings
Pooled Separate Account
$954K
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Principal LifeTime 2035 R3 Fund " | — | — | — | $2.1M | 10.8% | |
| Principal LifeTime 2040 R3 Fund " | — | — | — | $1.8M | 9.4% | |
| Principal LargeCap S&P 500 Index R3 Fund " | — | — | — | $1.3M | 6.7% | |
| Principal LifeTime 2050 R3 Fund " | — | — | — | $1.3M | 6.5% | |
| Principal Fixed Income Guaranteed Option Guaranteed accounts | — | — | — | $1.1M | 5.9% | |
| Principal LifeTime 2030 R3 Fund " | — | — | — | $1.1M | 5.8% | |
| JP Morgan Large Cap Growth R2 Fund " | — | — | — | $1.0M | 5.3% | |
| American Funds EuroPacific Growth R3 Fund " | — | — | — | $1.0M | 5.2% | |
| SEPARATE ACCOUNT NUMBER SA2 MUTUAL OF AMERICA LIFE INSURANCE COMPANY · EIN 13-1614399 / PN 000 | Pooled Separate Account | — | — | $954K | 4.9% | |
| Principal LifeTime 2045 R3 Fund " | — | — | — | $797K | 4.1% | |
| Invesco Divers Dividend R Fund " | — | — | — | $642K | 3.3% | |
| Participant Loans (4.25% - 9.50%) - | — | — | — | $613K | 3.1% | |
| Principal LifeTime 2055 R3 Fund " | — | — | — | $602K | 3.1% | |
| PGIM Total Return Bond A Fund " | — | — | — | $551K | 2.8% | |
| Principal SmallCap S&P 600 Index R3 Fund " | — | — | — | $526K | 2.7% | |
| Lord Abbett Short Duration Income R3 Fund Mutual fund | — | — | — | $474K | 2.4% | |
| PIMCO Income R Fund " | — | — | — | $470K | 2.4% | |
| Principal LifeTime 2060 R3 Fund " | — | — | — | $411K | 2.1% | |
| Principal LifeTime 2015 R3 Fund " | — | — | — | $380K | 2.0% | |
| Principal MidCap S&P 400 Index R3 Fund " | — | — | — | $331K | 1.7% | |
| Principal LifeTime Strategic Income R3 Fund " | — | — | — | $293K | 1.5% | |
| Principal LifeTime 2025 R3 Fund " | — | — | — | $230K | 1.2% | |
| Fidelity Adv Value Strategic M Fund " | — | — | — | $224K | 1.2% | |
| Principal LifeTime 2020 R3 Fund " | — | — | — | $191K | 1.0% | |
| PGIM Jennison Mid Cap Growth A Fund " | — | — | — | $189K | 1.0% | |
| Carillon Eagle Small Cap Growth I Fu0nd " | — | — | — | $180K | 0.9% | |
| American Beacon Small Cap Value Adv Fu0nd " | — | — | — | $172K | 0.9% | |
| Mutual of America Equity Index Fund " | — | — | — | $162K | 0.8% | |
| Mutual of America Aggressive Allocation Fund " | — | — | — | $155K | 0.8% | |
| American Funds Washington Mutual Investor R3 Fund " | — | — | — | $108K | 0.6% | |
| Vanguard VIF International Portfolio Fund " | — | — | — | $97K | 0.5% | |
| Fidelity VIP Mid Cap Portfolio Fund " | — | — | — | $84K | 0.4% | |
| Mutual of America Interest Accumulation " | — | — | — | $84K | 0.4% | |
| Fidelity VIP Contrafund Portfolio Fund " | — | — | — | $80K | 0.4% | |
| Hartford World Bond R3 Fund " | — | — | — | $60K | 0.3% | |
| Principal Bond Market Index R3 Fund " | — | — | — | $47K | 0.2% | |
| PGIM Global Real Estate A Fund " | — | — | — | $46K | 0.2% | |
| Principal LifeTime 2065 R3 Fund " | — | — | — | $44K | 0.2% | |
| Mutual of America Small Cap Growth Fund " | — | — | — | $43K | 0.2% | |
| Fidelity VIP Asset Manager Portfolio Fund " | — | — | — | $33K | 0.2% | |
| Mutual of America All America Fund " ** 108 * Mutual of America Balanced Fund " | — | — | — | $33K | 0.2% | |
| Mutual of America Core Bond Fund " | — | — | — | $26K | 0.1% | |
| DWS Capital Growth VIP Fund " | — | — | — | $25K | 0.1% | |
| Mutual of America Mid Cap Value Fund " | — | — | — | $20K | 0.1% | |
| Mutual of America Small Cap Value Fund " | — | — | — | $20K | 0.1% | |
| American Century Investments VP Capital Appreciation Fund Pooled separate account | — | — | — | $19K | <0.1% | |
| Vanguard VIF Diversified Value Portfolio Fund " | — | — | — | $16K | <0.1% | |
| Calvert VP SRI Balanced Portfolio " | — | — | — | $15K | <0.1% | |
| Principal LifeTime 2070 R3 Fund " | — | — | — | $15K | <0.1% | |
| Fidelity VIP Equity-Income Portfolio Fund " | — | — | — | $13K | <0.1% | |
| Mutual of America Clear Passage 2045 Fund " | — | — | — | $13K | <0.1% | |
| Mutual of America Clear Passage 2035 Fund " | — | — | — | $3K | <0.1% | |
| T. Rowe Price Blue Chip Growth Portfolio " | — | — | — | $2K | <0.1% | |
| Goldman Sachs VIT Small Cap Equity Insights Fund " | — | — | — | $2K | <0.1% | |
| Mutual of America Clear Passage 2025 Fund " | — | — | — | $2K | <0.1% | |
| Vanguard VIF Real Estate Index Portfolio " | — | — | — | $2K | <0.1% | |
| Invesco V.I. Main Street Fund " | — | — | — | $2K | <0.1% | |
| Mutual of America Clear Passage 2015 Fund " | — | — | — | $1K | <0.1% | |
| Mutual of America Moderate Allocation Fund " ** 775 * Mutual of America Money Market Fund " | — | — | — | $1K | <0.1% |
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