Back to filter
Original filing (PDF)20250724125726NAL0002670115001
L.B.J. & C. DEVELOPMENT CORPORATION
Form 5500
FILING_RECEIVED
L.B.J. & C. DEVELOPMENT CORPORATION TAX SHELTERED ANNUITY PLAN
403(b) retirement plan
Signals · 2
60% in single holdingNo recordkeeper disclosed
Active participants
201
Accounts w/ balance
115
Plan assets (EOY)
$2.6M
Net assets (EOY)
$2.6M
How this plan invests
This plan
17 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
90
/ 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
75
Total plan cost
100
Vendor stack
80
Participation health
80
Knocking points off
- Top holding "Principal Life Insurance Company Prin Fixed Income Non 401(a)" is 60% of plan.
- No recordkeeper disclosed on Schedule C.
- 57% balance-to-active ratio — below typical for a healthy 401(k).
Helping the score
- Below-peer total fees (8 bps vs 52 bps peer median).
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for L.B.J. & C. DEVELOPMENT CORPORATION.
Plan sponsor
Name
L.B.J. & C. DEVELOPMENT CORPORATION
EIN
62-0724384
Address
1150 CHOCOLATE DR · COOKEVILLE, TN · 385012006
Phone
(615) 528-3361
Industry
Educational Servicessee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
004
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-07-24
Pension benefit codes
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2L · 403(b)(1) annuity
2M · 403(b)(7) custodial accounts
2T · Default investment account (QDIA)
3D · Pre-approved plan (master / prototype / VS)
Audit & trust (Schedule H)
Auditor
BLACKBURN, CHILDERS & STEAGALL, PLC
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
2 rowsTPA / Administrator
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | 42-0127290 | — | CONTRACT ADMINISTRATOR | $2K | — |
Other
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| KESTRA INVESTMENT SERVICES LLC | 74-2794194 | — | OTHER SERVICES | $0 | — |
Investments
17 direct securities· $2.6M(99% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Principal Life Insurance Company Prin Fixed Income Non 401(a) | — | — | — | $1.5M | 59.5% | |
| Principal Funds Inc. Prin LifeTime 2030 R3 Fund 28,026.4245 shares | — | — | $28K | $386K | 14.9% | |
| Principal Funds Inc. Prin LifeTime 2040 R3 Fund 13,034.6035 shares | — | — | $13K | $202K | 7.8% | |
| Principal Funds Inc. Prin LifeTime 2060 R3 Fund 10,185.4733 shares | — | — | $10K | $173K | 6.7% | |
| Principal Funds Inc. Prin LargeCap S&P 500 Idx R3 Fund 2,816.0039 shares | — | — | $3K | $80K | 3.1% | |
| Principal Funds Inc. Prin LargeCap Growth I R3 Fund 4,466.0779 shares | — | — | $4K | $56K | 2.2% | |
| Principal Funds Inc. Prin LifeTime 2050 R3 Fund 2,555.6468 shares | — | — | $3K | $42K | 1.6% | |
| Principal Funds Inc. Prin LifeTime 2020 R3 Fund 3,414.4106 shares | — | — | $3K | $40K | 1.6% | |
| Principal Funds Inc. Prin Real Estate Securities R3 Fund 583.6222 shares | — | — | — | $16K | 0.6% | |
| Principal Funds Inc. Principal Diversified Intl R3 Fund 1,126.7057 shares | — | — | $1K | $15K | 0.6% | |
| Principal Funds Inc. Prin Lifetime 2070 R3 Fund 408.5728 shares | — | — | — | $5K | 0.2% | |
| Principal Funds Inc. Prin Equity Income R3 Fund 102.5488 shares | — | — | — | $4K | 0.2% | |
| Principal Funds Inc. Prin SmallCap Growth I R3 Fund 376.8464 shares | — | — | — | $4K | 0.2% | |
| Principal Funds Inc. Principal Bond Market Index R3 Fund 454.8200 shares | — | — | — | $4K | 0.1% | |
| Principal Funds Inc. Prin MidCap S&P 400 Idx R3 Fund 113.7594 shares | — | — | — | $3K | <0.1% | |
| Vaughan Nelson VNC SmallCap Value II R3 Fund 125.3321 shares | — | — | — | $1K | <0.1% | |
| Principal Funds Inc. Prin Lifetime Str Inc R3 Fund 113.6218 shares | — | — | — | $1K | <0.1% |
Related plans
Other plans using PRINCIPAL LIFE INSURANCE COMPANY
BOARD OF TRUSTEES OF THE I.A.M. NATIONAL PENSION FUND
IAM NATIONAL PENSION FUND
$15.0B · 102,863 participants
CHEVRON CORPORATION
CHEVRON MASTER PENSION TRUST
$12.2B
AMERICAN EXPRESS COMPANY AND ITS PARTICIPATING SUBSIDIARIES
AMERICAN EXPRESS RETIREMENT SAVINGS PLAN
$9.1B · 25,049 participants
LOWE'S COMPANIES, INC.
LOWES 401(K) PLAN
$8.6B · 263,650 participants
HDR, INC.
HDR, INC. BEST PLAN AND ESOP
$7.7B · 12,137 participants
BURNS & MCDONNELL, INC
BURNS & MCDONNELL, INC. EMPLOYEE STOCK OWNERSHIP PLAN
$5.5B · 10,567 participants
Similar-size Educational Services plans
HARMONY HILL SCHOOL, INC.
HARMONY HILL SCHOOL TAX SHELTERED ANNUITY PLAN
$2.6M · 150 participants
NATIONAL BUSINESS EDUCATION ASSOCIATION
NATIONAL BUSINESS EDUCATION ASSOCIATION
$2.6M
SAINT VINCENT ACADEMY INC.
SAINT VINCENT ACADEMY 401(K) PLAN
$2.6M · 34 participants
EMPLOYMENT AND TRAINING DESIGNS, INC.
EMPLOYMENT & TRAINING DESIGNS, INC. EMPLOYEES' 401(K) PROFIT SHARING PLAN
$2.6M · 55 participants
COMMUNITIES IN SCHOOLS OF EL PASO, INC.
COMMUNITIES IN SCHOOLS 401(K) RETIREMENT PLAN
$2.6M · 83 participants
INDEPENDENT COLLEGE FUND OF NEW JERSEY
INDEPENDENT COLLEGE FUND OF NEW JERSEY 403(B) DC PLAN
$2.6M · 4 participants
Large plans in Tennessee
FEDEX CORPORATION
FEDEX CORPORATION EMPLOYEES' PENSION TRUST
$27.6B
FEDEX CORPORATION
FEDEX CORPORATION EMPLOYEES' PENSION PLAN
$26.9B · 113,256 participants
FEDEX CORPORATION
FEDEX CORPORATION RETIREMENT SAVINGS PLAN
$25.4B · 102,265 participants
HCA INC.
HCA 401(K) PLAN
$23.8B · 310,762 participants
HCA INC.
HCA INC. MASTER RETIREMENT TRUST
$23.4B
ALLIANCEBERNSTEIN LP
AB US LARGE CAP GROWTH COLLECTIVE TRUST
$8.9B