Retirement plan

NEWBRIDGE SERVICES, INC. 403(B) PLAN

Name: NEWBRIDGE SERVICES, INC. - NEWBRIDGE SERVICES, INC. 403(B) PLAN (2019) 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 2019

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

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$5.7M

+8.1% from 2018

Total participants

241

+6.6% from 2018

Average account balance

$27,364

+8.7% from 2018

Annual return

3.51%

+0.37 pp from 2018

Benchmarks

See 5,342 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,342 peers

Snapshot2019

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, LLC5+ years Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$240

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

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$240

$2 / participant

Contract admin$240100.0%

% of EOY assets

0.004%

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

$27,364

$52,961-48.3%

$172,752-84.2%

$65,185-58.0%

Participation rate

78.6%

66.2%+12.4pp

82.6%-4.0pp

70.2%+8.4pp

Annual return

3.51%

30.12%-26.6pp

802.97%-799.5pp

29.38%-25.9pp

Employer contribution / active EE

$548

$2,190-75.0%

$5,144-89.4%

$2,177-74.8%

Participant deferral / active EE

$1,715

$2,471-30.6%

$5,198-67.0%

$3,514-51.2%

Admin fee / account holder

$472-99.8%

$13,955-100.0%

$847-99.9%

Provider

Service type

Compensation

FASCORE, LLC5+ years

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$240

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