Retirement plan

THE NATIONAL COUNCIL OF JEWISH WOMEN - ESSEX COUNTY SECTION TAX DEFERRED ANNUITY PLAN

Name: NATIONAL COUNCIL OF JEWISH WOMEN - ESSEX COUNTY SECTION - THE NATIONAL COUNCIL OF JEWISH WOMEN - ESSEX COUNTY SECTION TAX DEFERRED ANNUITY PLAN (2019) Form 5500
Creator: NATIONAL COUNCIL OF JEWISH WOMEN - ESSEX COUNTY SECTION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE NATIONAL COUNCIL OF JEWISH WOMEN - ESSEX COUNTY SECTION TAX DEFERRED ANNUITY PLAN, NATIONAL COUNCIL OF JEWISH WOMEN - ESSEX COUNTY SECTION

NATIONAL COUNCIL OF JEWISH WOMEN - ESSEX COUNTY SECTIONEIN 22-1687993Plan #001PY 2019

70 SOUTH ORANGE AVENUE, SUITE 120 - LIVINGSTON, NJ 07039973-740-0588

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$576K

+21.8% from 2018

Total participants

+12.5% from 2018

Average account balance

$63,953

+8.3% from 2018

Annual return

17.31%

+19.18 pp from 2018

Benchmarks

See 35,105 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort35,105 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$288K

Not enough data

1 years with asset history on file

Average account balance

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

$29K

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.

111.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$32K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+13.84%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3593

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 codes2G2L2T

Plan features

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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

$13K

$1579 / participant

Other / not subdivided$13K100.0%

% of EOY assets

2.195%

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

$63,953

$103,038-37.9%

$90,324-29.2%

$152,909-58.2%

Participation rate

100.0%

75.9%+24.1pp

73.3%+26.7pp

82.5%+17.5pp

Annual return

17.31%

95.25%-77.9pp

78.15%-60.8pp

345.46%-328.2pp

Employer contribution / active EE

$3,141-100.0%

$2,856-100.0%

$4,764-100.0%

Participant deferral / active EE

$3,656

$4,282-14.6%

$3,885-5.9%

$5,851-37.5%

Admin fee / account holder

$1,404

$6,177-77.3%

$5,356-73.8%

$11,601-87.9%

THE NATIONAL COUNCIL OF JEWISH WOMEN - ESSEX COUNTY SECTION TAX DEFERRED ANNUITY PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE NATIONAL COUNCIL OF JEWISH WOMEN - ESSEX COUNTY SECTION TAX DEFERRED ANNUITY 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