Retirement plan

NEW JERSEY DENTAL ASSOCIATION PSP PROFIT SHARING PLAN

Name: NEW JERSEY DENTAL ASSOCIATION - NEW JERSEY DENTAL ASSOCIATION PSP PROFIT SHARING PLAN (2019) Form 5500
Creator: NEW JERSEY DENTAL ASSOCIATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NEW JERSEY DENTAL ASSOCIATION PSP PROFIT SHARING PLAN, NEW JERSEY DENTAL ASSOCIATION

NEW JERSEY DENTAL ASSOCIATIONEIN 21-0606618Plan #002PY 2019

PO BOX 6020 - NORTH BRUNSWICK, NJ 089026020732-821-9400njda.orgLinkedIn11-50 employeesnon-profit organization management

Other plans on this EIN

1 filing

#001Retirement-$608K assets

Prospect flagsLow assets / participantLow participant contribution

How to read this page

Total assets (EOY)

$463K

+35.1% from 2018

Total participants

+6.3% from 2018

Average account balance

$30,875

+35.1% from 2018

Annual return

23.80%

+29.60 pp from 2018

Benchmarks

See 104,301 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort104,301 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.12M

Not enough data

1 years with asset history on file

Average account balance

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

$87K

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.

118.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$29K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+12.03%

Not enough data

1 years with return on file

Admin fee / account holder

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

$16350

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 codes2E2F2G2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing 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.
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.
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 assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$2K

$184 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.476%

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

$30,875

$202,342-84.7%

$172,753-82.1%

$152,909-79.8%

Participation rate

83.3%

87.1%-3.7pp

82.6%+0.7pp

82.5%+0.9pp

Annual return

23.80%

1029.88%-1006.1pp

803.00%-779.2pp

345.46%-321.7pp

Employer contribution / active EE

$2,378

$5,857-59.4%

$5,144-53.8%

$4,764-50.1%

Participant deferral / active EE

$854

$5,948-85.6%

$5,198-83.6%

$5,851-85.4%

Admin fee / account holder

$147

$17,112-99.1%

$13,956-98.9%

$11,601-98.7%

NEW JERSEY DENTAL ASSOCIATION PSP PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NEW JERSEY DENTAL ASSOCIATION PSP PROFIT SHARING 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