Retirement plan

EMPLOYEE BENEFIT PLAN OF NEW JERSEY ASSOCIATION FOR MENTAL HEALTH, INC.

Name: NEW JERSEY ASSOCIATION FOR MENTAL H EALTH, INC. - EMPLOYEE BENEFIT PLAN OF NEW JERSEY ASSOCIATION FOR MENTAL HEALTH, INC. (2016) Form 5500
Creator: NEW JERSEY ASSOCIATION FOR MENTAL H EALTH, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF NEW JERSEY ASSOCIATION FOR MENTAL HEALTH, INC., NEW JERSEY ASSOCIATION FOR MENTAL H EALTH, INC.

NEW JERSEY ASSOCIATION FOR MENTAL H EALTH, INC.EIN 22-1549749Plan #002PY 2016

88 POMPTON AVE - VERONA, NJ 07044973-571-4100nj-justice.orgLinkedIn1-10 employeeslegal services

Other plans on this EIN

1 filing

#003Retirement-$649K assets

Prospect flagsLow employer contributionLow fidelity bond

How to read this page

Total assets (EOY)

$1.5M

No prior year

Total participants

No prior year

Average account balance

$28,576

No prior year

Annual return

7.70%

No prior year

Benchmarks

See 17,770 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort17,770 peers

Snapshot2016

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

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Analytics

Total assets (EOY)

Plan-year ending balance

$2.60M

Not enough data

1 years with asset history on file

Average account balance

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

$36K

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.

130.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$101K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+11.82%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2030

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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

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 codes2E2G2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
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

$12K

$323 / participant

Other / not subdivided$12K100.0%

% of EOY assets

0.795%

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: -

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$28,576

$77,634-63.2%

$156,549-81.7%

$62,891-54.6%

Participation rate

97.4%

71.2%+26.2pp

84.0%+13.4pp

69.3%+28.1pp

Annual return

7.70%

50.32%-42.6pp

32.23%-24.5pp

20.14%-12.4pp

Employer contribution / active EE

$3,444-100.0%

$5,501-100.0%

$2,281-100.0%

Participant deferral / active EE

$950

$3,045-68.8%

$4,871-80.5%

$3,203-70.4%

Admin fee / account holder

$227

$5,561-95.9%

$13,027-98.3%

$4,296-94.7%

EMPLOYEE BENEFIT PLAN OF NEW JERSEY ASSOCIATION FOR MENTAL HEALTH, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF NEW JERSEY ASSOCIATION FOR MENTAL HEALTH, 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