Retirement plan

EMPLOYEE BENEFIT PLAN OF THE NORTH JERSEY COUNTRY CLUB, INC.

Name: THE NORTH JERSEY COUNTRY CLUB, INC. - EMPLOYEE BENEFIT PLAN OF THE NORTH JERSEY COUNTRY CLUB, INC. (2018) Form 5500
Creator: THE NORTH JERSEY COUNTRY CLUB, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF THE NORTH JERSEY COUNTRY CLUB, INC., THE NORTH JERSEY COUNTRY CLUB, INC.

THE NORTH JERSEY COUNTRY CLUB, INC.EIN 22-1163710Plan #001PY 2018

594 HAMBURG TPKE - WAYNE, NJ 074702084862-257-0410LinkedIn51-200 employeeshospitality

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.6M

-17.3% from 2017

Total participants

-50.8% from 2017

Average account balance

$50,589

-19.9% from 2017

Annual return

86.57%

+69.79 pp from 2017

Benchmarks

See 6,863 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants<25

Cohort6,863 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.68M

Not enough data

1 years with asset history on file

Average account balance

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

$82K

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.

162.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$228K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+18.19%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3347

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 codes2F2S2T3D

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).
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

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

$2.2M

$136041 / participant

Other / not subdivided$2M100.0%

% of EOY assets

134.457%

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

$50,589

$158,852-68.2%

$121,220-58.3%

$135,379-62.6%

Participation rate

100.0%

79.3%+20.7pp

71.8%+28.2pp

82.6%+17.4pp

Annual return

86.57%

-0.64%+87.2pp

16.94%+69.6pp

519.79%-433.2pp

Employer contribution / active EE

$1,593

$5,666-71.9%

$4,023-60.4%

$4,779-66.7%

Participant deferral / active EE

$6,785

$4,006+69.4%

$3,345+102.8%

$5,609+21.0%

Admin fee / account holder

$68,020

$6,515+944.1%

$5,021+1254.8%

$10,828+528.2%

EMPLOYEE BENEFIT PLAN OF THE NORTH JERSEY COUNTRY CLUB, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF THE NORTH JERSEY COUNTRY CLUB, 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