Retirement plan

GARDEN STATE HOME LOANS 401(K) PROFIT SHARING PLAN AND TRUST

Name: GARDEN STATE HOME LOANS - GARDEN STATE HOME LOANS 401(K) PROFIT SHARING PLAN AND TRUST (2016) Form 5500
Creator: GARDEN STATE HOME LOANS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GARDEN STATE HOME LOANS 401(K) PROFIT SHARING PLAN AND TRUST, GARDEN STATE HOME LOANS

GARDEN STATE HOME LOANSEIN 45-0636006Plan #001PY 2016

2091 SPRINGDALE ROAD, SUITE 16 - CHERRY HILL, NJ 08003609-681-2636gardenstateloans.comLinkedIn51-200 employeesbanking

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$632K

+42.6% from 2015

Total participants

+15.4% from 2015

Average account balance

$45,164

-38.9% from 2015

Annual return

-15.01%

-14.71 pp from 2015

Benchmarks

See 30,342 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort30,342 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.42M

Not enough data

1 years with asset history on file

Average account balance

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

$64K

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.

63.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$205K

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

+32.52%

Not enough data

1 years with return on file

Admin fee / account holder

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

$9769

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 codes2E2F2G2J2R2T3D

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.
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.

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$3K

$196 / participant

Other / not subdivided$3K100.0%

% of EOY assets

0.466%

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

$45,164

$153,769-70.6%

$133,975-66.3%

$273,972-83.5%

Participation rate

93.3%

88.4%+5.0pp

87.1%+6.3pp

83.0%+10.3pp

Annual return

-15.01%

36.51%-51.5pp

29.29%-44.3pp

41.46%-56.5pp

Employer contribution / active EE

$5,497

$6,029-8.8%

$5,211+5.5%

$4,869+12.9%

Participant deferral / active EE

$11,539

$6,958+65.8%

$6,282+83.7%

$5,287+118.2%

Admin fee / account holder

$210

$11,765-98.2%

$9,324-97.7%

$10,133-97.9%

GARDEN STATE HOME LOANS 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GARDEN STATE HOME LOANS 401(K) PROFIT SHARING PLAN AND TRUST

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