Retirement plan

403(B) THRIFT PLAN OF FAMILY GUIDANCE CENTER OF WARREN COUNTY

Name: FAMILY GUIDANCE CENTER OF WARREN COUNTY - 403(B) THRIFT PLAN OF FAMILY GUIDANCE CENTER OF WARREN COUNTY (2019) Form 5500
Creator: FAMILY GUIDANCE CENTER OF WARREN COUNTY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF FAMILY GUIDANCE CENTER OF WARREN COUNTY, FAMILY GUIDANCE CENTER OF WARREN COUNTY

FAMILY GUIDANCE CENTER OF WARREN COUNTYEIN 22-1622427Plan #004PY 2019

492 ROUTE 57 W - WASHINGTON, NJ 078824338908-689-1000fgcwc.orgLinkedIn51-200 employeesmental health care

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$5M

+3.2% from 2018

Total participants

121

+3.4% from 2018

Average account balance

$41,534

-0.2% from 2018

Annual return

20.54%

+24.11 pp from 2018

Benchmarks

See 18,452 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,452 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$456

Not enough data

1 years with asset history on file

Average account balance

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

$228

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.

100.0%

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

+0.57%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1102

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 codes2F2G2S2T3D

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).
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.
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

$1.2M

$15044 / participant

Other / not subdivided$1M100.0%

% of EOY assets

23.544%

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

$41,534

$85,171-51.2%

$172,752-76.0%

$72,975-43.1%

Participation rate

98.7%

70.1%+28.7pp

82.6%+16.1pp

69.5%+29.2pp

Annual return

20.54%

27.32%-6.8pp

802.97%-782.4pp

81.01%-60.5pp

Employer contribution / active EE

$1,060

$3,324-68.1%

$5,144-79.4%

$2,440-56.6%

Participant deferral / active EE

$3,248

$3,260-0.4%

$5,198-37.5%

$3,608-10.0%

Admin fee / account holder

$9,779

$5,880+66.3%

$13,955-29.9%

$5,124+90.8%

403(B) THRIFT PLAN OF FAMILY GUIDANCE CENTER OF WARREN COUNTY

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF FAMILY GUIDANCE CENTER OF WARREN COUNTY

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