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 (2017) 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 2017

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

Prospect flagsLow employer contributionLow participant contribution

How to read this page

Total assets (EOY)

$8.6M

+2.0% from 2016

Total participants

362

+14.9% from 2016

Average account balance

$23,751

-11.0% from 2016

Annual return

15.07%

+8.78 pp from 2016

Benchmarks

See 152 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Cohort152 peers

Snapshot2017

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

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

Service providers

Top 4 by compensation

Provider	Service type	Compensation
METLIFE LIFE INSURANCE COMPANY2 years Service code 64 11225 NORTH COMMUNITY HOUSE ROAD · CHARLOTTE, NC 28277	Recordkeeping Fees	$23,809
BKD, LLP1 year Filed as: BKD LLP Service code 10 910 E ST LOUIS STREET SUITE 200 · SPRINGFIELD, MO 658011190	Accounting	$11,950
MSI FINANCIAL SERVICES INC.2 years Service code 55 1295 STATE STREET · SPRINGFIELD, MA 01111	Other Commissions	$531
MASSACHUSETTS MUTUAL LIFE INS. CO.2 years Filed as: MML INVESTORS SERVICES Service code 55 1295 STATE STREET · SPRINGFIELD, MA 01111	Other Commissions	$322

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

2 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$69K

$279 / participant

Investment mgmt$34K48.5%
Contract admin$36K51.5%

% of EOY assets

0.809%

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

$23,751

$81,070-70.7%

$86,582-72.6%

Participation rate

99.6%

69.8%+29.8pp

73.5%+26.1pp

Annual return

15.07%

13.68%+1.4pp

965.08%-950.0pp

Employer contribution / active EE

$1,812

$2,009-9.8%

$2,839-36.2%

Participant deferral / active EE

$1,539

$3,009-48.8%

$3,609-57.3%

Admin fee / account holder

$192

$2,785-93.1%

$4,904-96.1%

Provider

Service type

Compensation

METLIFE LIFE INSURANCE COMPANY2 years

Service code 64

11225 NORTH COMMUNITY HOUSE ROAD · CHARLOTTE, NC 28277

Recordkeeping Fees

$23,809

BKD, LLP1 year

Filed as: BKD LLP

Service code 10

910 E ST LOUIS STREET SUITE 200 · SPRINGFIELD, MO 658011190

Accounting

$11,950

MSI FINANCIAL SERVICES INC.2 years

Service code 55

1295 STATE STREET · SPRINGFIELD, MA 01111

Other Commissions

$531

MASSACHUSETTS MUTUAL LIFE INS. CO.2 years

Filed as: MML INVESTORS SERVICES

Service code 55

1295 STATE STREET · SPRINGFIELD, MA 01111

Other Commissions

$322

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