Retirement plan

JEWISH NATIONAL FUND 403(B) ERISA TAX SHELTERED ANNUITY PLAN

Name: JEWISH NATIONAL FUND, INC. - JEWISH NATIONAL FUND 403(B) ERISA TAX SHELTERED ANNUITY PLAN (2018) Form 5500
Creator: JEWISH NATIONAL FUND, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JEWISH NATIONAL FUND 403(B) ERISA TAX SHELTERED ANNUITY PLAN, JEWISH NATIONAL FUND, INC.

JEWISH NATIONAL FUND, INC.EIN 13-1659627Plan #002PY 2018

42 EAST 69TH STREET - NEW YORK, NY 10021212-879-9300jnf.orgLinkedIn51-200 employeesnon-profit organization management

Prospect flagsHigh feesFailed to transmit contributions

How to read this page

Total assets (EOY)

$27.3M

+12.8% from 2017

Total participants

264

+17.3% from 2017

Average account balance

$103,724

-4.8% from 2017

Annual return

5.07%

-6.64 pp from 2017

Benchmarks

See 1,738 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,738 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$46.13M

Not enough data

1 years with asset history on file

Average account balance

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

$140K

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.

329

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.

98.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.34M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

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

+11.61%

Not enough data

1 years with return on file

Admin fee / account holder

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

$454

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 5 by compensation

Provider	Service type	Compensation
THE VANGUARD GROUP, INC.2 years Service code 15 · EIN 23-1945930	Recordkeeping	$38,341
SENTINEL PENSION ADVISORS2 years Service code 27 · EIN 04-3422848	Advisory (Plan)	$28,496
SMITH & HOWARD, PC1 year Filed as: SMITH AND DOWNEY, P.A. Service code 27 · EIN 52-1839270	Advisory (Plan)	$25,902
COMMONWEALTH FINANCIAL NETWORK1 year Service code 27 · EIN 04-2675571	Advisory (Plan)	$13,880
PARIS INTERNATIONAL PARTNERS/NPC1 year Filed as: PARIS INTERNATIONAL CONSULTANTS Service code 27 · EIN 46-3395773	Advisory (Plan)	$6,555

Plan features & details

Pension benefit codes2F2G2L2M2T

Plan features

2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
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.)
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$113K

$556 / participant

Other / not subdivided$113K100.0%

% of EOY assets

0.413%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: HARVEY G GERSTEN CPA
Auditor EIN: 272407951
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$103,724

$44,873+131.1%

$79,467+30.5%

$56,289+84.3%

Participation rate

99.5%

68.7%+30.8pp

73.3%+26.2pp

69.9%+29.7pp

Annual return

5.07%

0.81%+4.3pp

718.30%-713.2pp

-9.96%+15.0pp

Employer contribution / active EE

$7,285

$2,140+240.4%

$2,800+160.1%

$2,111+245.1%

Participant deferral / active EE

$4,793

$2,746+74.5%

$3,704+29.4%

$3,350+43.1%

Admin fee / account holder

$429

$418+2.5%

$5,104-91.6%

$521-17.7%

Provider

Service type

Compensation

THE VANGUARD GROUP, INC.2 years

Service code 15 · EIN 23-1945930

Recordkeeping

$38,341

SENTINEL PENSION ADVISORS2 years

Service code 27 · EIN 04-3422848

Advisory (Plan)

$28,496

SMITH & HOWARD, PC1 year

Filed as: SMITH AND DOWNEY, P.A.

Service code 27 · EIN 52-1839270

Advisory (Plan)

$25,902

COMMONWEALTH FINANCIAL NETWORK1 year

Service code 27 · EIN 04-2675571

Advisory (Plan)

$13,880

PARIS INTERNATIONAL PARTNERS/NPC1 year

Filed as: PARIS INTERNATIONAL CONSULTANTS

Service code 27 · EIN 46-3395773

Advisory (Plan)

$6,555

JEWISH NATIONAL FUND 403(B) ERISA TAX SHELTERED ANNUITY PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JEWISH NATIONAL FUND 403(B) ERISA TAX SHELTERED ANNUITY PLAN

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