Retirement plan

JFGI, INC. AND AFFILIATED AGENCIES 401(K) PLAN

Name: JEWISH FEDERATION OF GREATER INDIANAPOLIS, INC. - JFGI, INC. AND AFFILIATED AGENCIES 401(K) PLAN (2016) Form 5500
Creator: JEWISH FEDERATION OF GREATER INDIANAPOLIS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JFGI, INC. AND AFFILIATED AGENCIES 401(K) PLAN, JEWISH FEDERATION OF GREATER INDIANAPOLIS, INC.

JEWISH FEDERATION OF GREATER INDIANAPOLIS, INC.EIN 35-0888017Plan #003PY 2016

6705 HOOVER ROAD - INDIANAPOLIS, IN 46260317-726-5450jewishindianapolis.orgLinkedIn11-50 employeesnon-profit organization management

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$8.4M

+2.7% from 2015

Total participants

315

-14.6% from 2015

Average account balance

$26,679

+19.4% from 2015

Annual return

6.29%

+7.41 pp from 2015

Benchmarks

See 1,686 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,686 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.75M

Not enough data

1 years with asset history on file

Average account balance

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

$29K

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.

265

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.

99.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$787K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+18.23%

Not enough data

1 years with return on file

Admin fee / account holder

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

$220

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

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Service providers

Top 5 by compensation

Provider	Service type	Compensation
METLIFE LIFE INSURANCE COMPANY1 year Service code 64 11225 NORTH COMMUNITY HOUSE ROAD · CHARLOTTE, NC 28277	Recordkeeping Fees	$20,157
THE JEWISH BOARD1 year Filed as: JEWISH FEDERATION OF GREATER INDIAN Service code 10 6705 HOOVER RD · INDIANAPOLIS, IN 46260	Accounting	$11,600
METLIFE LIFE INSURANCE COMPANY2+ years Filed as: METLIFE SECURITIES INC. Service code 55 1095 AVENUE OF THE AMERICAS · NEW YORK, NY 10036	Other Commissions	$1,894
MSI FINANCIAL SERVICES INC.1 year Service code 55 1295 STATE STREET · SPRINGFIELD, MA 01111	Other Commissions	$1,012
MASSACHUSETTS MUTUAL LIFE INS. CO.1 year Filed as: MML INVESTORS SERVICES Service code 55 1295 STATE STREET · SPRINGFIELD, MA 01111	Other Commissions	$628

Plan features & details

Pension benefit codes2E2F2G2J2K2R3D3H2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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.
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$68K

$278 / participant

Investment mgmt$36K53.2%
Contract admin$32K46.8%

% of EOY assets

0.808%

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: BKD, LLP
Auditor EIN: 440160260
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$26,679

$43,423-38.6%

$78,676-66.1%

$55,167-51.6%

Participation rate

100.0%

68.0%+32.0pp

73.6%+26.4pp

69.0%+31.0pp

Annual return

6.29%

11.53%-5.2pp

62.19%-55.9pp

169.23%-162.9pp

Employer contribution / active EE

$1,812

$1,997-9.3%

$2,850-36.4%

$1,963-7.7%

Participant deferral / active EE

$1,587

$2,509-36.7%

$3,517-54.9%

$3,054-48.0%

Admin fee / account holder

$216

$416-48.2%

$4,510-95.2%

$504-57.2%

Provider

Service type

Compensation

METLIFE LIFE INSURANCE COMPANY1 year

Service code 64

11225 NORTH COMMUNITY HOUSE ROAD · CHARLOTTE, NC 28277

Recordkeeping Fees

$20,157

THE JEWISH BOARD1 year

Filed as: JEWISH FEDERATION OF GREATER INDIAN

Service code 10

6705 HOOVER RD · INDIANAPOLIS, IN 46260

Accounting

$11,600

METLIFE LIFE INSURANCE COMPANY2+ years

Filed as: METLIFE SECURITIES INC.

Service code 55

1095 AVENUE OF THE AMERICAS · NEW YORK, NY 10036

Other Commissions

$1,894

MSI FINANCIAL SERVICES INC.1 year

Service code 55

1295 STATE STREET · SPRINGFIELD, MA 01111

Other Commissions

$1,012

MASSACHUSETTS MUTUAL LIFE INS. CO.1 year

Filed as: MML INVESTORS SERVICES

Service code 55

1295 STATE STREET · SPRINGFIELD, MA 01111

Other Commissions

$628

JFGI, INC. AND AFFILIATED AGENCIES 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JFGI, INC. AND AFFILIATED AGENCIES 401(K) 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