Retirement plan

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

Name: BRONX JEWISH COMMUNITY COUNCIL - 403(B) THRIFT PLAN OF BRONX JEWISH COMMUNITY COUNCIL, INC. (2022) Form 5500
Creator: BRONX JEWISH COMMUNITY COUNCIL
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

BRONX JEWISH COMMUNITY COUNCILEIN 13-2744533Plan #001PY 2022

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

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$3.7M

-13.0% from 2021

Total participants

-2.0% from 2021

Average account balance

$80,882

-9.3% from 2021

Annual return

-10.90%

-28.00 pp from 2021

Benchmarks

See 9,360 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort9,360 peers

Snapshot2022

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 codes2G2J

Plan features

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.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.

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

$152K

$5226 / participant

Other / not subdivided$152K100.0%

% of EOY assets

4.073%

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

$80,882

$54,370+48.8%

$82,763-2.3%

$68,490+18.1%

Participation rate

93.1%

63.9%+29.2pp

72.6%+20.5pp

67.9%+25.2pp

Annual return

-10.90%

-13.67%+2.8pp

702.45%-713.3pp

-7.85%-3.0pp

Employer contribution / active EE

$443

$2,219-80.0%

$3,008-85.3%

$2,597-82.9%

Participant deferral / active EE

$1,604

$3,247-50.6%

$4,395-63.5%

$4,028-60.2%

Admin fee / account holder

$3,294

$4,398-25.1%

$5,325-38.1%

$5,403-39.0%

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