Retirement plan

NEW YORK CITY CRIMINAL JUSTICE AGENCY PENSION PLAN

Name: NEW YORK CITY CRIMINAL JUSTICE AGENCY - NEW YORK CITY CRIMINAL JUSTICE AGENCY PENSION PLAN (2019) Form 5500
Creator: NEW YORK CITY CRIMINAL JUSTICE AGENCY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NEW YORK CITY CRIMINAL JUSTICE AGENCY PENSION PLAN, NEW YORK CITY CRIMINAL JUSTICE AGENCY

NEW YORK CITY CRIMINAL JUSTICE AGENCYEIN 13-2900682Plan #001PY 2019

299 BROADWAY 4TH FL - NEW YORK, NY 10007646-213-2500nycja.orgLinkedIn201-500 employeesnon-profit organization management

Other plans on this EIN

1 filing

#002Retirement-$15.6M assets

Prospect flagsLow returnsLow participant contribution

How to read this page

Total assets (EOY)

$10.4M

-1.3% from 2018

Total participants

197

-25.4% from 2018

Average account balance

$52,852

+17.9% from 2018

Annual return

13.09%

+14.87 pp from 2018

Benchmarks

See 1,705 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,705 peers

Snapshot2019

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$13.04M

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.

184

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.

94.5%

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

+11.86%

Not enough data

1 years with return on file

Admin fee / account holder

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

$139

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 10 of 13 by compensation

Provider	Service type	Compensation
KESTRA INVESTMENT SERVICES LLC4+ years Service code 49 · EIN 74-2794194	Other Services	$61,139
MASSACHUSETTS MUTUAL LIFE INS. CO.1 year Service code 49 · EIN 04-1590850	Other Services	$9,433
PRINCIPAL LIFE INSURANCE COMPANY5+ years Service code 13 · EIN 42-0127290	Contract Administrator	$1,200
AMERICAN FUNDS1 year Service code 52 · EIN 95-2817150	Indirect Investment Fees	$0
CALVERT1 year Service code 52 · EIN 52-1233223	Indirect Investment Fees	$0
COLUMBIA1 year Service code 52 · EIN 94-1687665	Indirect Investment Fees	$0
FIDELITY INVESTMENTS INSTITUTIONAL1 year Filed as: FIDELITY ADVISOR Service code 52 · EIN 04-3022712	Indirect Investment Fees	$0
FIDELITY INVESTMENTS INSTITUTIONAL1 year Filed as: FIDELITY INVESTMENTS Service code 52 · EIN 04-2466841	Indirect Investment Fees	$0
MORGAN STANLEY SMITH BARNEY1 year Filed as: JP MORGAN Service code 52 · EIN 33-1043149	Indirect Investment Fees	$0
MFS INVESTMENT MANAGEMENT1 year Service code 52 · EIN 04-6382595	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2C2F2G2K3D2T

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit plan.
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$11K

$70 / participant

Investment mgmt$8K78.8%
Contract admin$2K21.2%

% of EOY assets

0.103%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.

Auditor firm: BAKER TILLY US, LLP
Auditor EIN: 390859910
Audit fees: (not subdivided)
Opinion code: Disclaimer

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$52,852

$51,620+2.4%

$90,281-41.5%

$65,185-18.9%

Participation rate

99.3%

68.6%+30.7pp

73.3%+26.1pp

70.2%+29.1pp

Annual return

13.09%

24.94%-11.8pp

78.10%-65.0pp

29.38%-16.3pp

Employer contribution / active EE

$2,987

$2,235+33.7%

$2,854+4.7%

$2,177+37.3%

Participant deferral / active EE

$2,871-100.0%

$3,885-100.0%

$3,514-100.0%

Admin fee / account holder

$54

$384-85.9%

$5,351-99.0%

$847-93.6%

Provider

Service type

Compensation

KESTRA INVESTMENT SERVICES LLC4+ years

Service code 49 · EIN 74-2794194

Other Services

$61,139

MASSACHUSETTS MUTUAL LIFE INS. CO.1 year

Service code 49 · EIN 04-1590850

Other Services

$9,433

PRINCIPAL LIFE INSURANCE COMPANY5+ years

Service code 13 · EIN 42-0127290

Contract Administrator

$1,200

AMERICAN FUNDS1 year

Service code 52 · EIN 95-2817150

Indirect Investment Fees

CALVERT1 year

Service code 52 · EIN 52-1233223

Indirect Investment Fees

COLUMBIA1 year

Service code 52 · EIN 94-1687665

Indirect Investment Fees

FIDELITY INVESTMENTS INSTITUTIONAL1 year

Filed as: FIDELITY ADVISOR

Service code 52 · EIN 04-3022712

Indirect Investment Fees

FIDELITY INVESTMENTS INSTITUTIONAL1 year

Filed as: FIDELITY INVESTMENTS

Service code 52 · EIN 04-2466841

Indirect Investment Fees

MORGAN STANLEY SMITH BARNEY1 year

Filed as: JP MORGAN

Service code 52 · EIN 33-1043149

Indirect Investment Fees

MFS INVESTMENT MANAGEMENT1 year

Service code 52 · EIN 04-6382595

Indirect Investment Fees

NEW YORK CITY CRIMINAL JUSTICE AGENCY PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NEW YORK CITY CRIMINAL JUSTICE AGENCY PENSION 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