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Original filing (PDF)20251011215331NAL0014161968001
FOUNDATION 2, INC.
Form 5500
FILING_RECEIVED
FOUNDATION 2 401(K) PLAN
401(k) retirement plan
Signals · 1
~90 bps in Sched C fees
Active participants
112
Accounts w/ balance
147
Plan assets (EOY)
$2.9M
Net assets (EOY)
$2.9M
How this plan invests
This plan
27 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
91
/ 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
65
Vendor stack
100
Participation health
100
Knocking points off
- 90 bps in Schedule C fees — 74% above peer band of 52 bps.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for FOUNDATION 2, INC..
Plan sponsor
Name
FOUNDATION 2, INC.
EIN
42-1078444
Address
305 2ND AVENUE SE. · CEDAR RAPIDS, IA · 52401
Phone
(319) 362-1170
Industry
Health Care & Social Assistancesee 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
2025-10-11
Pension benefit codes
2A · Age/service weighted or new comparability
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2S · Automatic enrollment
2T · Default investment account (QDIA)
3D · Pre-approved plan (master / prototype / VS)
Audit & trust (Schedule H)
Auditor
FORGE FINANCIAL & MANAGEMENT CONSUL
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
2 rowsRecordkeeper
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| JULY BUSINESS SERVICES LLC | 74-2715820 | WACO, TX | RECORDKEEPER | $8K | — |
Advisor / Consultant
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| OHNWARD FINANCIAL ADVISOR SERVICES | — | MAQUOKETA, LA | RIA FEES | $18K | — |
Investments
27 direct securities· $2.9M(100% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Vanguard Balanced Index Adm - | — | — | — | $450K | 15.6% | |
| Nuveen Lifecycle Index 2045 R6 - | — | — | — | $365K | 12.7% | |
| Fidelity 500 Index Institutional Prem - | — | — | — | $282K | 9.8% | |
| Nuveen Lifecycle Index 2055 R6 - | — | — | — | $278K | 9.6% | |
| Parametric Commodity Strategy I - 62 Schwab Small Cap Index Sel - | — | — | — | $239K | 8.3% | |
| JP Morgan JPMorgan Large Cap Growth R6 - | — | — | — | $224K | 7.8% | |
| Nuveen Lifecycle Index 2050 R6 - | — | — | — | $169K | 5.9% | |
| Nuveen Lifecycle Index 2030 R6 - | — | — | — | $159K | 5.5% | |
| Nuveen Lifecycle Index 2035 R6 - | — | — | — | $142K | 4.9% | |
| Nuveen Lifecycle Index 2060 R6 - | — | — | — | $131K | 4.6% | |
| Vanguard Inflation-Protected Secs Adm - 101 Vanguard Mid Cap Index Admiral - | — | — | — | $85K | 3.0% | |
| Morningstar MFS Value R6 - | — | — | — | $80K | 2.8% | |
| UMB DB&T FDIC-Insured Investment Account - | — | — | — | $39K | 1.4% | |
| Nuveen Lifecycle Index 2015 R6 - 122 Nuveen Lifecycle Index 2020 R6 - 92 Nuveen Lifecycle Index 2025 R6 - | — | — | — | $38K | 1.3% | |
| Hartford Schroders International Stk SDR - | — | — | — | $33K | 1.2% | |
| American Century American Century Small Cap Growth R6 - 119 Baird Mid Cap Growth Institutional - | — | — | — | $27K | 1.0% | |
| Nuveen Lifecycle Index 2065 R6 - | — | — | — | $25K | 0.9% | |
| Lord, Abbett & Co Lord Abbett Short Duration Income R6 - | — | — | — | $21K | 0.7% | |
| Loans to Participants, 10-10.5% | — | — | — | $20K | 0.7% | |
| Nuveen Lifecycle Index 2040 R6 - | — | — | — | $19K | 0.6% | |
| Vanguard Wellesley Income Admiral - | — | — | — | $16K | 0.5% | |
| JP Morgan JPMorgan Emerging Markets Equity R6 - | — | — | — | $9K | 0.3% | |
| Nuveen Lifecycle Index 2010 R6 - | — | — | — | $9K | 0.3% | |
| Federated Hermes Federated Institutional Hi Yld Bond Inst - 326 Fidelity Advisor Investment Gr Bd Z - | — | — | — | $4K | 0.1% | |
| Invesco Small Cap Value R6 - 129 John Hancock John Hancock III Disciplined Val Mid Cap R6 - | — | — | — | $3K | 0.1% | |
| Invesco Intl Sml-Mid Com R6 - | — | — | — | $2K | <0.1% | |
| Nuveen Real Estate Sec Sel R6 - | — | — | — | $2K | <0.1% |
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