Retirement plan

EMPLOYEE BENEFIT PLAN OF FAMILIES AND COMMUNITY TOGETHER F A C T

Name: FAMILIES AND COMMUNITY TOGETHER F A C T - EMPLOYEE BENEFIT PLAN OF FAMILIES AND COMMUNITY TOGETHER F A C T (2017) Form 5500
Creator: FAMILIES AND COMMUNITY TOGETHER F A C T
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF FAMILIES AND COMMUNITY TOGETHER F A C T, FAMILIES AND COMMUNITY TOGETHER F A C T

FAMILIES AND COMMUNITY TOGETHER F A C TEIN 22-3751640Plan #001PY 2017

1170 ROUTE 22 WEST - MOUNTAINSIDE, NJ 070922810908-789-8500factnj.orgLinkedIn51-200 employeesnon-profit organization management

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.6M

+23.3% from 2016

Total participants

-10.1% from 2016

Average account balance

$28,958

+37.2% from 2016

Annual return

35.11%

+24.16 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

$6.30M

Not enough data

1 years with asset history on file

Average account balance

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

$43K

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.

148

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

$1.03M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+14.48%

Not enough data

1 years with return on file

Admin fee / account holder

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

$308

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

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 codes2F2T3D

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.
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

$460K

$6974 / participant

Other / not subdivided$460K100.0%

% of EOY assets

17.859%

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

$28,958

$84,236-65.6%

$170,435-83.0%

$70,126-58.7%

Participation rate

100.0%

70.8%+29.2pp

83.6%+16.4pp

69.5%+30.5pp

Annual return

35.11%

23.06%+12.0pp

205.94%-170.8pp

73.15%-38.0pp

Employer contribution / active EE

$1,772

$3,387-47.7%

$5,432-67.4%

$2,343-24.4%

Participant deferral / active EE

$1,456

$3,086-52.8%

$4,939-70.5%

$3,332-56.3%

Admin fee / account holder

$5,172

$5,698-9.2%

$13,881-62.7%

$4,645+11.3%

EMPLOYEE BENEFIT PLAN OF FAMILIES AND COMMUNITY TOGETHER F A C T

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF FAMILIES AND COMMUNITY TOGETHER F A C T

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