Retirement plan

AZZAD ASSET MANAGEMENT, INC. 401(K) PLAN

Name: AZZAD ASSET MANAGEMENT, INC. - AZZAD ASSET MANAGEMENT, INC. 401(K) PLAN (2017) Form 5500
Creator: AZZAD ASSET MANAGEMENT, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AZZAD ASSET MANAGEMENT, INC. 401(K) PLAN, AZZAD ASSET MANAGEMENT, INC.

AZZAD ASSET MANAGEMENT, INC.EIN 22-3746116Plan #001PY 2017

3141 FAIRVIEW PARK DRIVE, SUITE 460 - FALLS CHURCH, VA 22042703-207-7005azzadasset.comLinkedIn11-50 employeesfinancial services

Other plans on this EIN

1 filing

#002Retirement-$185K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2M

+44.8% from 2016

Total participants

0.0% from 2016

Average account balance

$152,738

+44.8% from 2016

Annual return

28.31%

+19.27 pp from 2016

Benchmarks

See 30,802 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort30,802 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.98M

Not enough data

1 years with asset history on file

Average account balance

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

$465K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$475K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$32K

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

+17.81%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1070

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 codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

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

$19K

$2139 / participant

Other / not subdivided$19K100.0%

% of EOY assets

0.970%

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

$152,738

$171,867-11.1%

$149,721+2.0%

$147,586+3.5%

Participation rate

100.0%

88.2%+11.8pp

87.1%+12.9pp

82.8%+17.2pp

Annual return

28.31%

2113.36%-2085.1pp

1501.67%-1473.4pp

578.59%-550.3pp

Employer contribution / active EE

$15,754

$6,275+151.1%

$5,444+189.4%

$4,876+223.1%

Participant deferral / active EE

$11,496

$7,270+58.1%

$6,568+75.0%

$5,439+111.4%

Admin fee / account holder

$1,481

$13,799-89.3%

$11,282-86.9%

$10,886-86.4%

AZZAD ASSET MANAGEMENT, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AZZAD ASSET MANAGEMENT, INC. 401(K) 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