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 (2020) 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 2020

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

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$32M

+6.1% from 2019

Total participants

275

+2.2% from 2019

Average account balance

$118,789

+3.3% from 2019

Annual return

10.07%

-6.94 pp from 2019

Benchmarks

See 1,687 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,687 peers

Snapshot2020

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

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Service providers

Top 4 by compensation

Provider	Service type	Compensation
THE VANGUARD GROUP, INC.4 years Service code 15 · EIN 23-1945930	Recordkeeping	$41,925
COMMONWEALTH FINANCIAL NETWORK3 years Service code 27 · EIN 04-2675571	Advisory (Plan)	$38,152
SENTINEL PENSION ADVISORS4 years Service code 27 · EIN 04-3422848	Advisory (Plan)	$28,959
SMITH & HOWARD, PC2 years Filed as: SMITH AND DOWNEY, P.A Service code 29 · EIN 52-1839270	Legal	$4,418

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.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$113K

$566 / participant

Other / not subdivided$113K100.0%

% of EOY assets

0.354%

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

$118,789

$66,124+79.6%

$90,461+31.3%

$73,497+61.6%

Participation rate

97.0%

69.7%+27.3pp

72.7%+24.3pp

70.7%+26.3pp

Annual return

10.07%

17.65%-7.6pp

1294.76%-1284.7pp

28.51%-18.4pp

Employer contribution / active EE

$7,938

$2,346+238.3%

$3,264+143.2%

$2,270+249.7%

Participant deferral / active EE

$5,794

$3,039+90.7%

$3,964+46.2%

$3,740+54.9%

Admin fee / account holder

$420

$396+6.1%

$5,617-92.5%

$513-18.1%

Provider

Service type

Compensation

THE VANGUARD GROUP, INC.4 years

Service code 15 · EIN 23-1945930

Recordkeeping

$41,925

COMMONWEALTH FINANCIAL NETWORK3 years

Service code 27 · EIN 04-2675571

Advisory (Plan)

$38,152

SENTINEL PENSION ADVISORS4 years

Service code 27 · EIN 04-3422848

Advisory (Plan)

$28,959

SMITH & HOWARD, PC2 years

Filed as: SMITH AND DOWNEY, P.A

Service code 29 · EIN 52-1839270

Legal

$4,418

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