Retirement plan

JJF MANAGEMENT SERVICES INC. 401K PLAN

Name: JJF MANAGEMENT SERVICES INC. - JJF MANAGEMENT SERVICES INC. 401K PLAN (2018) Form 5500
Creator: JJF MANAGEMENT SERVICES INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JJF MANAGEMENT SERVICES INC. 401K PLAN, JJF MANAGEMENT SERVICES INC.

JJF MANAGEMENT SERVICES INC.EIN 52-1044196Plan #001PY 2018

11411 ROCKVILLE PIKE - ROCKVILLE, MD 20852301-881-4000LinkedIn1001-5000 employeesbuilding materials

Prospect flagsCorrective distributions

Top hat statement on fileNQDC

Filed February 6, 2023

Plan administrator

Plan administrator name— Sign in and upgrade to view

11411 Rockville Pike

Rockville, MD 20852

Email— Sign in and upgrade to view Phone— Sign in and upgrade to view

Plans declared (1)

JJF Managment Services, Inc. Management Incentive Plan26 emp

Open the filing PDF

How to read this page

Total assets (EOY)

$37.3M

-4.7% from 2017

Total participants

1,798

+12.7% from 2017

Average account balance

$23,626

-4.8% from 2017

Annual return

-5.41%

-20.65 pp from 2017

Benchmarks

See 346 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants1,000-4,999

Cohort346 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$65.49M

Not enough data

1 years with asset history on file

Average account balance

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

$31K

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.

2,128

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.

94.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.46M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+13.31%

Not enough data

1 years with return on file

Admin fee / account holder

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

$112

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 3 by compensation

Provider	Service type	Compensation
MCCREADY & KEENE INC.2 years Service code 15 · EIN 35-0500670	Recordkeeping	$114,264
CAMBRIDGE INVESTMENT RESEARCH3 years Filed as: CAMBRIDGE FINANCIAL Service code 27 3300 IRVINE AVE SUITE 385 · NEWPORT BEACH, CA 92660	Advisory (Plan)	$39,472
MATRIX TRUST COMPANY1 year Service code 18 · EIN 75-3182674	Trustee (bank, trust company, or simi...	$21,334

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
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

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$156K

$113 / participant

Investment mgmt$30K19.3%
Contract admin$114K73.4%
Other / not subdivided$11K7.3%

% of EOY assets

0.417%

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: COUNCILOR BUCHANAN & MITCHELL
Auditor EIN: 521711839
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$23,626

$33,780-30.1%

$74,551-68.3%

$75,289-68.6%

Participation rate

84.1%

62.7%+21.5pp

69.1%+15.0pp

72.4%+11.7pp

Annual return

-5.41%

-1.24%-4.2pp

32.53%-37.9pp

-0.04%-5.4pp

Employer contribution / active EE

$498

$845-41.1%

$1,961-74.6%

$2,405-79.3%

Participant deferral / active EE

$1,366

$1,890-27.7%

$3,108-56.1%

$3,739-63.5%

Admin fee / account holder

$99

$86+14.1%

$5,059-98.1%

$102-3.7%

Provider

Service type

Compensation

MCCREADY & KEENE INC.2 years

Service code 15 · EIN 35-0500670

Recordkeeping

$114,264

CAMBRIDGE INVESTMENT RESEARCH3 years

Filed as: CAMBRIDGE FINANCIAL

Service code 27

3300 IRVINE AVE SUITE 385 · NEWPORT BEACH, CA 92660

Advisory (Plan)

$39,472

MATRIX TRUST COMPANY1 year

Service code 18 · EIN 75-3182674

Trustee (bank, trust company, or simi...

$21,334

JJF MANAGEMENT SERVICES INC. 401K PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JJF MANAGEMENT SERVICES INC. 401K PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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