Retirement plan

EMPLOYEE BENEFIT PLAN OF JEWISH FAMILY SERVICE OF NORTHEASTERN PENNSYLVANIA

Name: JEWISH FAMILY SERVICE OF NORTHEASTERN PENNSYLVANIA - EMPLOYEE BENEFIT PLAN OF JEWISH FAMILY SERVICE OF NORTHEASTERN PENNSYLVANIA (2021) Form 5500
Creator: JEWISH FAMILY SERVICE OF NORTHEASTERN PENNSYLVANIA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF JEWISH FAMILY SERVICE OF NORTHEASTERN PENNSYLVANIA, JEWISH FAMILY SERVICE OF NORTHEASTERN PENNSYLVANIA

JEWISH FAMILY SERVICE OF NORTHEASTERN PENNSYLVANIAEIN 24-0796423Plan #003PY 2021

615 JEFFERSON AVE - SCRANTON, PA 185101630570-344-1186

Other plans on this EIN

1 filing

#004Retirement-$497K assets

Prospect flagsHigh feesLow participant contribution

How to read this page

Total assets (EOY)

$448K

+13.7% from 2020

Total participants

0.0% from 2020

Average account balance

$49,769

+13.7% from 2020

Annual return

14.11%

-4.62 pp from 2020

Benchmarks

See 103,173 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort103,173 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$540K

Not enough data

1 years with asset history on file

Average account balance

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

$67K

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.

114.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$20K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+15.98%

Not enough data

1 years with return on file

Admin fee / account holder

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

$10

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 codes2F2G2T3D

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.
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

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
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

$22K

$2699 / participant

Other / not subdivided$22K100.0%

% of EOY assets

4.820%

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

$49,769

$217,432-77.1%

$185,851-73.2%

$167,553-70.3%

Participation rate

100.0%

86.1%+13.9pp

81.7%+18.3pp

82.1%+17.9pp

Annual return

14.11%

148.43%-134.3pp

122.11%-108.0pp

478.89%-464.8pp

Employer contribution / active EE

$2,471

$5,874-57.9%

$5,168-52.2%

$4,840-48.9%

Participant deferral / active EE

$6,357-100.0%

$5,569-100.0%

$6,343-100.0%

Admin fee / account holder

$2,399

$19,820-87.9%

$16,245-85.2%

$12,316-80.5%

EMPLOYEE BENEFIT PLAN OF JEWISH FAMILY SERVICE OF NORTHEASTERN PENNSYLVANIA

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF JEWISH FAMILY SERVICE OF NORTHEASTERN PENNSYLVANIA

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