Retirement plan

403(B) THRIFT PLAN FOR EMPLOYEES OF JEWISH COMMUNITY COUNCIL OF THE ROCKAWAY PENINSULA, INC.

Name: JEWISH COMMUNITY COUNCIL OF TH - 403(B) THRIFT PLAN FOR EMPLOYEES OF JEWISH COMMUNITY COUNCIL OF THE ROCKAWAY PENINSULA, INC. (2023) Form 5500
Creator: JEWISH COMMUNITY COUNCIL OF TH
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN FOR EMPLOYEES OF JEWISH COMMUNITY COUNCIL OF THE ROCKAWAY PENINSULA, INC., JEWISH COMMUNITY COUNCIL OF TH

JEWISH COMMUNITY COUNCIL OF THEIN 11-2425813Plan #001PY 2023

1525 CENTRAL AVE - FAR ROCKAWAY, NY 116914019718-327-7755LinkedIn1-10 employeesmental health care

Prospect flagsHigh feesLow assets / participant

How to read this page

Total assets (EOY)

$117K

+27.6% from 2022

Total participants

+10.0% from 2022

Average account balance

$11,723

+2.1% from 2022

Annual return

20.73%

+39.71 pp from 2022

Benchmarks

See 107,994 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort107,994 peers

Snapshot2023

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$175K

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$16K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

220.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$39K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+17.17%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$94

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2G2J2E2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$31K

$5231 / participant

Other / not subdivided$31K100.0%

% of EOY assets

26.774%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$11,723

$175,231-93.3%

$149,696-92.2%

$139,466-91.6%

Participation rate

83.3%

83.4%-0.1pp

78.8%+4.6pp

80.3%+3.0pp

Annual return

20.73%

166.77%-146.0pp

134.46%-113.7pp

373.66%-352.9pp

Employer contribution / active EE

$2,139

$5,478-61.0%

$4,821-55.6%

$4,754-55.0%

Participant deferral / active EE

$4,138

$6,521-36.5%

$5,682-27.2%

$6,712-38.3%

Admin fee / account holder

$3,139

$16,155-80.6%

$13,212-76.2%

$11,409-72.5%

403(B) THRIFT PLAN FOR EMPLOYEES OF JEWISH COMMUNITY COUNCIL OF THE ROCKAWAY PENINSULA, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN FOR EMPLOYEES OF JEWISH COMMUNITY COUNCIL OF THE ROCKAWAY PENINSULA, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion