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 (2023) 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 2023

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

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$38.7M

+23.1% from 2022

Total participants

316

+7.1% from 2022

Average account balance

$124,961

+15.2% from 2022

Annual return

15.89%

+31.07 pp from 2022

Benchmarks

See 1,917 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,917 peers

Snapshot2023

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 3 by compensation

Provider	Service type	Compensation
SENTINEL PENSION ADVISORS7 years Service code 27 · EIN 04-3422848	Advisory (Plan)	$47,065
THE VANGUARD GROUP, INC.7 years Service code 15 · EIN 23-1945930	Recordkeeping	$45,541
COMMONWEALTH FINANCIAL NETWORK6 years Service code 27 · EIN 04-2675571	Advisory (Plan)	$33,613

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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$128K

$561 / participant

Other / not subdivided$128K100.0%

% of EOY assets

0.330%

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

$124,961

$58,312+114.3%

$86,656+44.2%

$71,529+74.7%

Participation rate

97.4%

65.0%+32.3pp

71.7%+25.7pp

67.9%+29.4pp

Annual return

15.89%

24.08%-8.2pp

593.09%-577.2pp

28.97%-13.1pp

Employer contribution / active EE

$8,662

$2,576+236.2%

$3,025+186.3%

$2,590+234.4%

Participant deferral / active EE

$7,300

$3,439+112.2%

$4,439+64.4%

$4,291+70.1%

Admin fee / account holder

$413

$1,057-61.0%

$5,619-92.7%

$1,588-74.0%

Provider

Service type

Compensation

SENTINEL PENSION ADVISORS7 years

Service code 27 · EIN 04-3422848

Advisory (Plan)

$47,065

THE VANGUARD GROUP, INC.7 years

Service code 15 · EIN 23-1945930

Recordkeeping

$45,541

COMMONWEALTH FINANCIAL NETWORK6 years

Service code 27 · EIN 04-2675571

Advisory (Plan)

$33,613

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