Retirement plan

403(B) THRIFT PLAN OF JEWISH FAMILY SERVICE OF THE DESERT

Name: JEWISH FAMILY SERVICE OF THE DESERT - 403(B) THRIFT PLAN OF JEWISH FAMILY SERVICE OF THE DESERT (2019) Form 5500
Creator: JEWISH FAMILY SERVICE OF THE DESERT
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF JEWISH FAMILY SERVICE OF THE DESERT, JEWISH FAMILY SERVICE OF THE DESERT

JEWISH FAMILY SERVICE OF THE DESERTEIN 33-0613083Plan #002PY 2019

490 S FARRELL DR STE C208 - PALM SPRINGS, CA 922627944760-325-4088

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$877K

+8.0% from 2018

Total participants

+31.3% from 2018

Average account balance

$51,614

+8.0% from 2018

Annual return

2.84%

-0.79 pp from 2018

Benchmarks

See 104,301 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort104,301 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.25M

Not enough data

1 years with asset history on file

Average account balance

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

$50K

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.

125.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$196K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+9.05%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4299

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 codes2F2G2T

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.

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

$72K

$3421 / participant

Other / not subdivided$72K100.0%

% of EOY assets

8.188%

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

$51,614

$202,342-74.5%

$172,753-70.1%

$152,909-66.2%

Participation rate

81.0%

87.1%-6.1pp

82.6%-1.7pp

82.5%-1.5pp

Annual return

2.84%

1029.88%-1027.0pp

803.00%-800.2pp

345.46%-342.6pp

Employer contribution / active EE

$1,537

$5,857-73.8%

$5,144-70.1%

$4,764-67.7%

Participant deferral / active EE

$3,865

$5,948-35.0%

$5,198-25.6%

$5,851-34.0%

Admin fee / account holder

$4,226

$17,112-75.3%

$13,956-69.7%

$11,601-63.6%

403(B) THRIFT PLAN OF JEWISH FAMILY SERVICE OF THE DESERT

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF JEWISH FAMILY SERVICE OF THE DESERT

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