Retirement plan

403(B) THRIFT PLAN OF JEWISH FAMILY CHILDREN S SERVICES OF NORTHERN NEW JERSEY, INC.

Name: JEWISH FAMILY CHILDREN S SERVICES OF NORTHERN NEW JERSEY, INC. - 403(B) THRIFT PLAN OF JEWISH FAMILY CHILDREN S SERVICES OF NORTHERN NEW JERSEY, INC. (2020) 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 JERSEY, INC., JEWISH FAMILY CHILDREN S SERVICES OF NORTHERN NEW JERSEY, INC.

JEWISH FAMILY CHILDREN S SERVICES OF NORTHERN NEW JERSEY, INC.EIN 22-2223109Plan #002PY 2020

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

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.2M

+31.9% from 2019

Total participants

0.0% from 2019

Average account balance

$45,812

+34.7% from 2019

Annual return

26.49%

+4.47 pp from 2019

Benchmarks

See 18,636 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,636 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.28M

Not enough data

1 years with asset history on file

Average account balance

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

$66K

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.

76.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$468K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+28.79%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3194

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 codes2F2G2T

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.
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

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

$141K

$3815 / participant

Other / not subdivided$141K100.0%

% of EOY assets

6.555%

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

$45,812

$91,167-49.7%

$178,498-74.3%

$79,858-42.6%

Participation rate

94.6%

69.2%+25.4pp

81.9%+12.7pp

69.6%+25.0pp

Annual return

26.49%

24.19%+2.3pp

151.09%-124.6pp

31.72%-5.2pp

Employer contribution / active EE

$1,914

$3,255-41.2%

$5,011-61.8%

$2,471-22.5%

Participant deferral / active EE

$4,269

$3,236+31.9%

$5,202-17.9%

$3,740+14.1%

Admin fee / account holder

$3,003

$6,747-55.5%

$13,985-78.5%

$5,306-43.4%

403(B) THRIFT PLAN OF JEWISH FAMILY CHILDREN S SERVICES OF NORTHERN NEW JERSEY, INC.

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 JERSEY, INC.

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