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 (2021) 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 2021

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)

$35.9M

+12.3% from 2020

Total participants

280

+1.8% from 2020

Average account balance

$130,048

+9.5% from 2020

Annual return

10.66%

+0.59 pp from 2020

Benchmarks

See 1,682 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,682 peers

Snapshot2021

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
SENTINEL PENSION ADVISORS5 years Service code 27 · EIN 04-3422848	Advisory (Plan)	$46,271
THE VANGUARD GROUP, INC.5 years Service code 15 · EIN 23-1945930	Recordkeeping	$41,588
PARIS INTERNATIONAL PARTNERS/NPC1 year Filed as: PARIS INTERNATIONAL Service code 27 · EIN 46-3395773	Advisory (Plan)	$25,212
COMMONWEALTH FINANCIAL NETWORK4 years Service code 27 · EIN 04-2675571	Advisory (Plan)	$7,878

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

$120K

$611 / participant

Other / not subdivided$120K100.0%

% of EOY assets

0.336%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$130,048

$63,768+103.9%

$98,506+32.0%

$79,389+63.8%

Participation rate

98.0%

69.9%+28.1pp

73.3%+24.6pp

70.7%+27.3pp

Annual return

10.66%

626.18%-615.5pp

1494.92%-1484.3pp

116.89%-106.2pp

Employer contribution / active EE

$8,263

$2,558+223.0%

$2,961+179.0%

$2,428+240.3%

Participant deferral / active EE

$6,862

$3,305+107.6%

$4,277+60.4%

$4,046+69.6%

Admin fee / account holder

$436

$516-15.4%

$5,955-92.7%

$626-30.3%

Provider

Service type

Compensation

SENTINEL PENSION ADVISORS5 years

Service code 27 · EIN 04-3422848

Advisory (Plan)

$46,271

THE VANGUARD GROUP, INC.5 years

Service code 15 · EIN 23-1945930

Recordkeeping

$41,588

PARIS INTERNATIONAL PARTNERS/NPC1 year

Filed as: PARIS INTERNATIONAL

Service code 27 · EIN 46-3395773

Advisory (Plan)

$25,212

COMMONWEALTH FINANCIAL NETWORK4 years

Service code 27 · EIN 04-2675571

Advisory (Plan)

$7,878

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