Retirement plan

403(B) THRIFT PLAN OF BRONX JEWISH COMMUNITY COUNCIL, INC.

Name: BRONX JEWISH COMMUNITY COUNCIL, INC. - 403(B) THRIFT PLAN OF BRONX JEWISH COMMUNITY COUNCIL, INC. (2019) Form 5500
Creator: BRONX JEWISH COMMUNITY COUNCIL, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF BRONX JEWISH COMMUNITY COUNCIL, INC., BRONX JEWISH COMMUNITY COUNCIL, INC.

BRONX JEWISH COMMUNITY COUNCIL, INC.EIN 13-2744533Plan #001PY 2019

2930 WALLACE AVE - BRONX, NY 104678404718-652-5500

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$3.2M

+18.4% from 2018

Total participants

-6.4% from 2018

Average account balance

$73,526

+26.6% from 2018

Annual return

22.22%

+16.64 pp from 2018

Benchmarks

See 8,598 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort8,598 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.35M

Not enough data

1 years with asset history on file

Average account balance

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

$71K

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.

137.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+9.84%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3963

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 codes2F2G2T

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.
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.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$200K

$6651 / participant

Other / not subdivided$200K100.0%

% of EOY assets

6.311%

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

$73,526

$54,763+34.3%

$90,324-18.6%

$72,976+0.8%

Participation rate

96.7%

65.2%+31.5pp

73.3%+23.4pp

69.5%+27.2pp

Annual return

22.22%

30.63%-8.4pp

78.15%-55.9pp

81.02%-58.8pp

Employer contribution / active EE

$1,200

$2,093-42.7%

$2,856-58.0%

$2,440-50.8%

Participant deferral / active EE

$2,012

$2,887-30.3%

$3,885-48.2%

$3,608-44.2%

Admin fee / account holder

$4,640

$3,973+16.8%

$5,356-13.4%

$5,124-9.4%

403(B) THRIFT PLAN OF BRONX JEWISH COMMUNITY COUNCIL, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF BRONX JEWISH COMMUNITY COUNCIL, 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