Retirement plan

JEWISH COUNCIL FOR THE AGING OF GREATER WASHINGTON TAX-DEFERRED ANNUITY

Name: JEWISH COUNCIL FOR THE AGING OF GREATER WASHI - JEWISH COUNCIL FOR THE AGING OF GREATER WASHINGTON TAX-DEFERRED ANNUITY (2023) Form 5500
Creator: JEWISH COUNCIL FOR THE AGING OF GREATER WASHI
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JEWISH COUNCIL FOR THE AGING OF GREATER WASHINGTON TAX-DEFERRED ANNUITY, JEWISH COUNCIL FOR THE AGING OF GREATER WASHI

JEWISH COUNCIL FOR THE AGING OF GREATER WASHIEIN 52-0983740Plan #002PY 2023

12320 PARKLAWN DR - ROCKVILLE, MD 208521726301-255-4224LinkedIn51-200 employeesindividual & family services

Other plans on this EIN

1 filing

#001Retirement-$998K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2M

+18.8% from 2022

Total participants

-11.1% from 2022

Average account balance

$130,660

+26.7% from 2022

Annual return

18.24%

+35.45 pp from 2022

Benchmarks

See 107,959 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort107,959 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.41M

Not enough data

1 years with asset history on file

Average account balance

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

$134K

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.

112.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$183K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+13.45%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2F2G2L2M2T3D

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
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

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

$171K

$14210 / participant

Other / not subdivided$171K100.0%

% of EOY assets

8.701%

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

$130,660

$175,259-25.4%

$149,723-12.7%

$139,487-6.3%

Participation rate

91.7%

83.4%+8.3pp

78.8%+12.9pp

80.3%+11.3pp

Annual return

18.24%

166.82%-148.6pp

134.50%-116.3pp

373.84%-355.6pp

Employer contribution / active EE

$5,478-100.0%

$4,821-100.0%

$4,755-100.0%

Participant deferral / active EE

$14,968

$6,522+129.5%

$5,682+163.4%

$6,713+123.0%

Admin fee / account holder

$11,368

$16,158-29.6%

$13,215-14.0%

$11,407-0.3%

JEWISH COUNCIL FOR THE AGING OF GREATER WASHINGTON TAX-DEFERRED ANNUITY

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JEWISH COUNCIL FOR THE AGING OF GREATER WASHINGTON TAX-DEFERRED ANNUITY

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