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 (2022) 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 2022

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

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$954K

-23.7% from 2021

Total participants

+21.7% from 2021

Average account balance

$35,341

-37.9% from 2021

Annual return

-7.01%

-19.62 pp from 2021

Benchmarks

See 105,930 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort105,930 peers

Snapshot2022

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

1 tripped

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

$380K

$18978 / participant

Other / not subdivided$380K100.0%

% of EOY assets

39.777%

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

$35,341

$167,353-78.9%

$143,797-75.4%

$134,545-73.7%

Participation rate

95.0%

84.8%+10.2pp

80.3%+14.7pp

81.2%+13.8pp

Annual return

-7.01%

0.48%-7.5pp

-0.04%-7.0pp

418.37%-425.4pp

Employer contribution / active EE

$2,923

$5,620-48.0%

$4,952-41.0%

$4,742-38.3%

Participant deferral / active EE

$5,586

$6,447-13.4%

$5,638-0.9%

$6,401-12.7%

Admin fee / account holder

$14,057

$18,096-22.3%

$14,679-4.2%

$11,431+23.0%

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