Retirement plan

403 B THRIFT PLAN OF JEWISH FAMILY CHILDREN S SERVICES OF NORTHERN NEW

Name: JEWISH FAMILY CHILDREN S SERVICES OF NORTHERN NEW JERSEY INC - 403 B THRIFT PLAN OF JEWISH FAMILY CHILDREN S SERVICES OF NORTHERN NEW (2017) Form 5500
Creator: JEWISH FAMILY CHILDREN S SERVICES OF NORTHERN NEW JERSEY INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403 B THRIFT PLAN OF JEWISH FAMILY CHILDREN S SERVICES OF NORTHERN NEW, JEWISH FAMILY CHILDREN S SERVICES OF NORTHERN NEW JERSEY INC

JEWISH FAMILY CHILDREN S SERVICES OF NORTHERN NEW JERSEY INCEIN 22-2223109Plan #002PY 2017

1485 TEANECK RD - TEANECK, NJ 076663626201-837-9090LinkedIn11-50 employeesmedical practice

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$1.1M

+27.9% from 2016

Total participants

+29.0% from 2016

Average account balance

$26,963

-1.6% from 2016

Annual return

14.67%

-27.66 pp from 2016

Benchmarks

See 17,854 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort17,854 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.12M

Not enough data

1 years with asset history on file

Average account balance

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

$50K

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.

76.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$424K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+13.44%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1894

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 codes2F2T

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).
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

$88K

$2658 / participant

Other / not subdivided$88K100.0%

% of EOY assets

8.341%

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

$26,963

$84,236-68.0%

$170,435-84.2%

$70,126-61.6%

Participation rate

97.0%

70.8%+26.1pp

83.6%+13.4pp

69.5%+27.4pp

Annual return

14.67%

23.06%-8.4pp

205.94%-191.3pp

73.15%-58.5pp

Employer contribution / active EE

$1,945

$3,387-42.6%

$5,432-64.2%

$2,343-17.0%

Participant deferral / active EE

$4,007

$3,086+29.9%

$4,939-18.9%

$3,332+20.3%

Admin fee / account holder

$2,249

$5,698-60.5%

$13,881-83.8%

$4,645-51.6%

403 B THRIFT PLAN OF JEWISH FAMILY CHILDREN S SERVICES OF NORTHERN NEW

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403 B THRIFT PLAN OF JEWISH FAMILY CHILDREN S SERVICES OF NORTHERN NEW

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