Retirement plan

OVERBROOK FRIEDLANDER PROGRAMS 403(B) RETIREMENT PLAN

Name: OVERBROOK FRIEDLANDER PROGRAMS - OVERBROOK FRIEDLANDER PROGRAMS 403(B) RETIREMENT PLAN (2017) Form 5500
Creator: OVERBROOK FRIEDLANDER PROGRAMS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, OVERBROOK FRIEDLANDER PROGRAMS 403(B) RETIREMENT PLAN, OVERBROOK FRIEDLANDER PROGRAMS

OVERBROOK FRIEDLANDER PROGRAMSEIN 23-2469202Plan #001PY 2017

1900 WYNNEWOOD RD - PHILADELPHIA, PA 19151215-877-0073philadelphia.pa.networkofcare.orgLinkedIn51-200 employees

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$1.5M

+7.5% from 2016

Total participants

111

-17.8% from 2016

Average account balance

$17,902

+3.6% from 2016

Annual return

10.51%

+4.79 pp from 2016

Benchmarks

See 1,704 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,704 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.41M

Not enough data

1 years with asset history on file

Average account balance

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

$27K

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.

126

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

$325K

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

+9.16%

Not enough data

1 years with return on file

Admin fee / account holder

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

$381

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 4 by compensation

Provider	Service type	Compensation
NATIONWIDE3+ years Filed as: NATIONWIDE FINANCIAL Service code 15 · EIN 31-1592130 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$8,365
CLARKE LANZEN SKALLA INVESTMENT FIR3+ years Filed as: CLARKE LANZEN SKALLA Service code 26 · EIN 13-4109249 17605 WRIGHT SYTREET · OMAHA, NE 68130	Advisory (Participants)	$3,153
NFP RETIREMENT INC1 year Filed as: NFP CORPORATE SERVICES (PA) INC Service code 14 · EIN 13-4096969 2600 KELLY ROAD · WARRINGTON, PA 18976	Plan Administrator	$2,951
KESTRA INVESTMENT SERVICES LLC1 year Filed as: KESTRA INVESTMENT SERVICES, LLC Service code 33 · EIN 74-2794194 1250 CAPITAL OF TEXAS HIGHWAY S. · AUSTIN, TX 78746	Securities brokerage	$0

Plan features & details

Pension benefit codes2F2G2K2M2T

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.
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.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$29K

$295 / participant

Investment mgmt$3K10.0%
Contract admin$8K28.4%
Other / not subdivided$18K61.6%

% of EOY assets

1.961%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: TAIT, WELLER & BAKER LLP
Auditor EIN: 231144520
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$17,902

$50,637-64.6%

$86,582-79.3%

$62,293-71.3%

Participation rate

73.0%

67.9%+5.1pp

73.5%-0.5pp

69.5%+3.5pp

Annual return

10.51%

20.80%-10.3pp

965.08%-954.6pp

28.90%-18.4pp

Employer contribution / active EE

$1,122

$2,075-45.9%

$2,839-60.5%

$2,042-45.1%

Participant deferral / active EE

$859

$2,611-67.1%

$3,609-76.2%

$3,169-72.9%

Admin fee / account holder

$351

$413-15.1%

$4,904-92.8%

$479-26.8%

Provider

Service type

Compensation

NATIONWIDE3+ years

Filed as: NATIONWIDE FINANCIAL

Service code 15 · EIN 31-1592130

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$8,365

CLARKE LANZEN SKALLA INVESTMENT FIR3+ years

Filed as: CLARKE LANZEN SKALLA

Service code 26 · EIN 13-4109249

17605 WRIGHT SYTREET · OMAHA, NE 68130

Advisory (Participants)

$3,153

NFP RETIREMENT INC1 year

Filed as: NFP CORPORATE SERVICES (PA) INC

Service code 14 · EIN 13-4096969

2600 KELLY ROAD · WARRINGTON, PA 18976

Plan Administrator

$2,951

KESTRA INVESTMENT SERVICES LLC1 year

Filed as: KESTRA INVESTMENT SERVICES, LLC

Service code 33 · EIN 74-2794194

1250 CAPITAL OF TEXAS HIGHWAY S. · AUSTIN, TX 78746

Securities brokerage

OVERBROOK FRIEDLANDER PROGRAMS 403(B) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

OVERBROOK FRIEDLANDER PROGRAMS 403(B) RETIREMENT 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