Retirement plan

THE JUDGE GROUP, INC., 401(K) PROFIT SHARING PLAN

Name: THE JUDGE GROUP, INC. - THE JUDGE GROUP, INC., 401(K) PROFIT SHARING PLAN (2022) Form 5500
Creator: THE JUDGE GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE JUDGE GROUP, INC., 401(K) PROFIT SHARING PLAN, THE JUDGE GROUP, INC.

THE JUDGE GROUP, INC.EIN 23-1726661Plan #002PY 2022

151 SOUTH WARNER ROAD SUITE 100 - WAYNE, PA 19087610-667-7700judge.comLinkedIn1001-5000 employeesmanagement consulting

Prospect flagsLow assets / participantLow employer contributionCorrective distributions

How to read this page

Total assets (EOY)

$56.9M

-7.7% from 2021

Total participants

6,410

+21.7% from 2021

Average account balance

$9,819

-25.7% from 2021

Annual return

-15.80%

-32.67 pp from 2021

Benchmarks

See 900 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort900 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$86.25M

Not enough data

1 years with asset history on file

Average account balance

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

$12K

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.

7,287

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.

85.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$10.88M

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

+14.48%

Not enough data

1 years with return on file

Admin fee / account holder

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

$34

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

Top 3 by compensation

Provider	Service type	Compensation
JPMORGAN INVEST HOLDINGS LLC3 years Service code 64 · EIN 13-2624428	Recordkeeping Fees	$134,096
WEALTH MANAGEMENT SYSTEMS INC1 year Filed as: WEALTH ADVISORY GROUP INC Service code 27 1055 WESTLAKE DR STE 130 · BERWYN, PA 19312	Advisory (Plan)	$50,410
OLD SLIP REGISTERED INV ADVISORS, L1 year Filed as: OLD SLIP REGISTERED INVESTMENT Service code 27 40 WALL STREET · NEW YORK, NY 19312	Advisory (Plan)	$4,583

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

3 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$189K

$58 / participant

Contract admin$189K100.0%

% of EOY assets

0.333%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BECHER DELLA TORRE GITTO & CO, CPAS
Auditor EIN: 222625944
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$9,819

$95,388-89.7%

$125,381-92.2%

$77,906-87.4%

Participation rate

81.0%

78.6%+2.4pp

82.4%-1.4pp

73.7%+7.3pp

Annual return

-15.80%

116.19%-132.0pp

572.31%-588.1pp

12.16%-28.0pp

Employer contribution / active EE

$3,666-100.0%

$4,815-100.0%

$2,846-100.0%

Participant deferral / active EE

$3,849

$7,711-50.1%

$7,448-48.3%

$4,805-19.9%

Admin fee / account holder

$33

$119-72.5%

$10,007-99.7%

$133-75.4%

Provider

Service type

Compensation

JPMORGAN INVEST HOLDINGS LLC3 years

Service code 64 · EIN 13-2624428

Recordkeeping Fees

$134,096

WEALTH MANAGEMENT SYSTEMS INC1 year

Filed as: WEALTH ADVISORY GROUP INC

Service code 27

1055 WESTLAKE DR STE 130 · BERWYN, PA 19312

Advisory (Plan)

$50,410

OLD SLIP REGISTERED INV ADVISORS, L1 year

Filed as: OLD SLIP REGISTERED INVESTMENT

Service code 27

40 WALL STREET · NEW YORK, NY 19312

Advisory (Plan)

$4,583

THE JUDGE GROUP, INC., 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE JUDGE GROUP, INC., 401(K) PROFIT SHARING 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