Retirement plan

NEWBRIDGE SERVICES, INC. 403(B) PLAN

Name: NEWBRIDGE SERVICES, INC. - NEWBRIDGE SERVICES, INC. 403(B) PLAN (2017) Form 5500
Creator: NEWBRIDGE SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NEWBRIDGE SERVICES, INC. 403(B) PLAN, NEWBRIDGE SERVICES, INC.

NEWBRIDGE SERVICES, INC.EIN 22-1725830Plan #001PY 2017

7 INDUSTRIAL ROAD - PAQUANNOCK, NJ 07440973-686-2241newbridge.orgLinkedIn201-500 employeesindividual & family services

Prospect flagsLow returnsCorrective distributions

How to read this page

Total assets (EOY)

$5.8M

+0.1% from 2016

Total participants

205

-12.4% from 2016

Average account balance

$28,353

-22.1% from 2016

Annual return

3.35%

-0.28 pp from 2016

Benchmarks

See 5,167 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,167 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.98M

Not enough data

1 years with asset history on file

Average account balance

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

$42K

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.

144

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.

64.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$442K

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

+3.39%

Not enough data

1 years with return on file

Admin fee / account holder

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

$17

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 1 by compensation

Provider	Service type	Compensation
FASCORE, LLC3+ years Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$200

Plan features & details

Pension benefit codes2E2G2J2L2T

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.
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

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$1K

$8 / participant

Contract admin$20017.6%
Other / not subdivided$93482.4%

% of EOY assets

0.020%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: BUCHBINDER, TUNICK & CO. LLP
Auditor EIN: 131578842
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$28,353

$55,453-48.9%

$170,435-83.4%

$62,293-54.5%

Participation rate

98.6%

66.4%+32.2pp

83.6%+15.0pp

69.5%+29.1pp

Annual return

3.35%

21.38%-18.0pp

205.94%-202.6pp

28.90%-25.5pp

Employer contribution / active EE

$530

$2,164-75.5%

$5,432-90.2%

$2,042-74.0%

Participant deferral / active EE

$1,905

$2,303-17.3%

$4,939-61.4%

$3,169-39.9%

Admin fee / account holder

$455-98.8%

$13,881-100.0%

$479-98.8%

Provider

Service type

Compensation

FASCORE, LLC3+ years

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$200

NEWBRIDGE SERVICES, INC. 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NEWBRIDGE SERVICES, INC. 403(B) 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