Retirement plan

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

Name: JEWISH FAMILY SERVICE OF THE D - 403(B) THRIFT PLAN OF JEWISH FAMILY SERVICE OF THE DESERT (2023) Form 5500
Creator: JEWISH FAMILY SERVICE OF THE D
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 D

JEWISH FAMILY SERVICE OF THE DEIN 33-0613083Plan #002PY 2023

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

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$1.1M

+19.1% from 2022

Total participants

+3.6% from 2022

Average account balance

$43,696

+23.6% from 2022

Annual return

6.86%

+13.86 pp from 2022

Benchmarks

See 107,994 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort107,994 peers

Snapshot2023

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 codes2G2J

Plan features

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.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.

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

$68K

$2845 / participant

Other / not subdivided$68K100.0%

% of EOY assets

6.011%

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

$43,696

$175,231-75.1%

$149,696-70.8%

$139,466-68.7%

Participation rate

87.5%

83.4%+4.1pp

78.8%+8.7pp

80.3%+7.2pp

Annual return

6.86%

166.77%-159.9pp

134.46%-127.6pp

373.66%-366.8pp

Employer contribution / active EE

$2,766

$5,478-49.5%

$4,821-42.6%

$4,754-41.8%

Participant deferral / active EE

$4,928

$6,521-24.4%

$5,682-13.3%

$6,712-26.6%

Admin fee / account holder

$2,626

$16,155-83.7%

$13,212-80.1%

$11,409-77.0%

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