Nice plane, very well done.
Was this a scratch build? If so, not all foam board is created equal. Most of the "Craft" foam board sold at big box stores is denser than the stuff sold at the Dollar Tree. If you build this out of the heavier foam board it will be tail heavy by nature and harder to balance. I built a P-40 in color because I thought it would be neat, and it was. But I discovered it would be near impossible to balance without TONS of nose weight so I never bothered even trying and just built another out of lighter foam. I've also had several other scratch built designs that failed to fly for balance reasons because I made them from denser foam board.
Adams Readi Board (DTFB) is around 115g per sheet. The Elmers brand foam board, sold at Walmart, is closer to 240g per sheet. MUCH heavier.
All that said, if you're going to fly this on a 4s, go ahead and add that 5oz, or whatever you need. You may have to fly faster, but it should still fly.