Retirement plan

GEMMA SERVICES 403B PLAN

Name: GEMMA SERVICES - GEMMA SERVICES 403B PLAN (2024) Form 5500
Creator: GEMMA SERVICES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GEMMA SERVICES 403B PLAN, GEMMA SERVICES

GEMMA SERVICESEIN 23-2310084Plan #001PY 2024

512 WEST TOWNSHIP LINE ROAD - PLYMOUTH MEETING, PA 19462610-825-4440gemmaservices.orgLinkedIn501-1000 employeesnon-profit organization management

Prospect flagsHigh retiree %

How to read this page

Total assets (EOY)

$18.3M

+19.3% from 2023

Total participants

976

-4.6% from 2023

Average account balance

$18,758

+22.4% from 2023

Annual return

14.23%

-2.34 pp from 2023

Benchmarks

See 1,035 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants250-999

Cohort1,035 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$18.31M

Not enough data

1 years with asset history on file

Average account balance

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

$19K

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.

976

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

$1.84M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+14.23%

Not enough data

1 years with return on file

Admin fee / account holder

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

$65

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 2 by compensation

Provider	Service type	Compensation
CBIZ RETIREMENT PLAN SERVICES4 years Filed as: CBIZ BENEFITS AND INSURANCE SERVICE Service code 49 4615 SOUTHWEST FWY FL 3 · HOUSTON, TX 77027	Other Services	$10,449
TIAA4 years Service code 19 · EIN 13-1624203 730 THIRD AVE · NEW YORK, NC 10017	Securities Custodian	$100

Plan features & details

Pension benefit codes3D2F2G2T2L2K2S2M2E

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.
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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
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.

Opportunity flags

1 tripped

InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

Expense breakdown

Schedule H Part II

Admin total

$63K

$128 / participant

Investment mgmt$5290.8%
Contract admin$61K96.3%
Other / not subdivided$2K2.9%

% of EOY assets

0.344%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: WITHUM, SMITH & BROWN
Auditor EIN: 222027092
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$18,758

$65,960-71.6%

$81,882-77.1%

$77,762-75.9%

Participation rate

100.0%

65.8%+34.2pp

72.4%+27.6pp

70.6%+29.4pp

Annual return

14.23%

26.64%-12.4pp

779.47%-765.2pp

31.27%-17.0pp

Employer contribution / active EE

$1,413

$2,375-40.5%

$2,916-51.5%

$2,728-48.2%

Participant deferral / active EE

$2,338

$3,505-33.3%

$4,323-45.9%

$4,651-49.7%

Admin fee / account holder

$65

$526-87.7%

$7,360-99.1%

$433-85.1%

Provider

Service type

Compensation

CBIZ RETIREMENT PLAN SERVICES4 years

Filed as: CBIZ BENEFITS AND INSURANCE SERVICE

Service code 49

4615 SOUTHWEST FWY FL 3 · HOUSTON, TX 77027

Other Services

$10,449

TIAA4 years

Service code 19 · EIN 13-1624203

730 THIRD AVE · NEW YORK, NC 10017

Securities Custodian

$100

GEMMA SERVICES 403B PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GEMMA SERVICES 403B 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