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. (2021) 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 2021

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

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.6M

+18.8% from 2020

Total participants

+6.1% from 2020

Average account balance

$51,141

+11.6% from 2020

Annual return

12.01%

-14.48 pp from 2020

Benchmarks

See 18,805 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,805 peers

Snapshot2021

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

$70K

$1636 / participant

Other / not subdivided$70K100.0%

% of EOY assets

2.751%

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

$51,141

$95,406-46.4%

$185,849-72.5%

$85,847-40.4%

Participation rate

95.3%

68.8%+26.6pp

81.7%+13.6pp

69.3%+26.0pp

Annual return

12.01%

23.59%-11.6pp

122.10%-110.1pp

318.61%-306.6pp

Employer contribution / active EE

$1,511

$3,314-54.4%

$5,169-70.8%

$2,565-41.1%

Participant deferral / active EE

$3,502

$3,424+2.3%

$5,569-37.1%

$3,952-11.4%

Admin fee / account holder

$1,407

$7,214-80.5%

$16,244-91.3%

$6,261-77.5%

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