Retirement plan

UNITED JEWISH FEDERATION OF TIDEWATER, INC. 401(K) PLAN

Name: UNITED JEWISH FEDERATION OF TIDEWATER, INC. - UNITED JEWISH FEDERATION OF TIDEWATER, INC. 401(K) PLAN (2017) Form 5500
Creator: UNITED JEWISH FEDERATION OF TIDEWATER, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UNITED JEWISH FEDERATION OF TIDEWATER, INC. 401(K) PLAN, UNITED JEWISH FEDERATION OF TIDEWATER, INC.

UNITED JEWISH FEDERATION OF TIDEWATER, INC.EIN 54-0535603Plan #001PY 2017

5000 CORPORATE WOODS DRIVE, SUITE 200 - VIRGINIA BEACH, VA 23462757-965-6134jewishva.orgLinkedIn51-200 employeescivic & social organization

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$3.6M

+20.7% from 2016

Total participants

167

+12.1% from 2016

Average account balance

$35,251

+20.7% from 2016

Annual return

15.76%

-3.27 pp from 2016

Benchmarks

See 1,704 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,704 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.76M

Not enough data

1 years with asset history on file

Average account balance

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

$66K

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.

77.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$360K

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

+9.08%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4567

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

Top 3 by compensation

Provider	Service type	Compensation
BAM ADVISOR SERVICES1 year Filed as: BAM ADVISOR SERVICES, LLC Service code 27 · EIN 20-8307105 8182 MARYLAND AVENUE, SUITE 500 · ST. LOUIS, MO 63105	Advisory (Plan)	$15,862
ALERUS FINANCIAL, N.A.1 year Filed as: ALERUS FINANCIAL NA Service code 19 · EIN 45-6062081 2300 S. COLUMBIA ROAD · GRAND FORKS, ND 58201	Securities Custodian	$9,098
WALKER BENEFITS, LLC1 year Filed as: WALKER BENEFITS LLC Service code 15 · EIN 32-0453512 2599 WILMINGTON ROAD · NEW CASTLE, PA 16105	Recordkeeping	$3,730

Plan features & details

Pension benefit codes2E2F2G2J2K3D3H

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.
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 participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$29K

$206 / participant

Investment mgmt$25K87.0%
Other / not subdivided$4K13.0%

% of EOY assets

0.798%

all-in expense ratio

Categories reported

1 / 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: PB MARES, LLP
Auditor EIN: 540737372
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$35,251

$50,637-30.4%

$86,582-59.3%

$62,293-43.4%

Participation rate

53.2%

67.9%-14.7pp

73.5%-20.3pp

69.5%-16.3pp

Annual return

15.76%

20.80%-5.0pp

965.08%-949.3pp

28.90%-13.1pp

Employer contribution / active EE

$672

$2,075-67.6%

$2,839-76.3%

$2,042-67.1%

Participant deferral / active EE

$1,346

$2,611-48.5%

$3,609-62.7%

$3,169-57.5%

Admin fee / account holder

$281

$413-31.9%

$4,904-94.3%

$479-41.3%

Provider

Service type

Compensation

BAM ADVISOR SERVICES1 year

Filed as: BAM ADVISOR SERVICES, LLC

Service code 27 · EIN 20-8307105

8182 MARYLAND AVENUE, SUITE 500 · ST. LOUIS, MO 63105

Advisory (Plan)

$15,862

ALERUS FINANCIAL, N.A.1 year

Filed as: ALERUS FINANCIAL NA

Service code 19 · EIN 45-6062081

2300 S. COLUMBIA ROAD · GRAND FORKS, ND 58201

Securities Custodian

$9,098

WALKER BENEFITS, LLC1 year

Filed as: WALKER BENEFITS LLC

Service code 15 · EIN 32-0453512

2599 WILMINGTON ROAD · NEW CASTLE, PA 16105

Recordkeeping

$3,730

UNITED JEWISH FEDERATION OF TIDEWATER, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

UNITED JEWISH FEDERATION OF TIDEWATER, INC. 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