Retirement plan

JEWISH FAMILY SERVICE 403B TAX DEFERRED ANNUITY PLAN

Name: JEWISH FAMILY SERVICE OF TIDEWATER, INC. - JEWISH FAMILY SERVICE 403B TAX DEFERRED ANNUITY PLAN (2016) Form 5500
Creator: JEWISH FAMILY SERVICE OF TIDEWATER, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JEWISH FAMILY SERVICE 403B TAX DEFERRED ANNUITY PLAN, JEWISH FAMILY SERVICE OF TIDEWATER, INC.

JEWISH FAMILY SERVICE OF TIDEWATER, INC.EIN 54-0854002Plan #001PY 2016

5000 CORPORATE WOODS DRIVE, SUITE 400 - VIRGINIA BEACH, VA 23462757-321-2222jfshamptonroads.orgLinkedIn51-200 employeesnon-profit organization management

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$4M

+6.5% from 2015

Total participants

239

+0.4% from 2015

Average account balance

$23,297

+9.0% from 2015

Annual return

9.44%

+12.51 pp from 2015

Benchmarks

See 5,140 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,140 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.20M

Not enough data

1 years with asset history on file

Average account balance

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

$46K

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.

114

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.

66.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$109K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+10.13%

Not enough data

1 years with return on file

Admin fee / account holder

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

$335

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 2 by compensation

Provider	Service type	Compensation
FIRST MERCANTILE TRUST COMPANY2+ years Service code 17 · EIN 62-1549435 57 GERMANTOWN COURT · CORDOVA, TN 38018	Pension Consulting	$26,713
BAM ADVISOR SERVICES2+ years Filed as: BAM ADVISOR SERVICES, LLC Service code 27 · EIN 20-8307105 8182 MARYLAND AVENUE, SUITE 500 · ST. LOUIS, MO 63105	Advisory (Plan)	$18,253

Plan features & details

Pension benefit codes2E2F2G2L2M2T

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.
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.

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

$50K

$254 / participant

Investment mgmt$18K36.5%
Contract admin$26K51.9%
Other / not subdivided$6K11.6%

% of EOY assets

1.241%

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: CHARLES W. SNADER, P.C.
Auditor EIN: 541873714
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$23,297

$46,732-50.1%

$156,551-85.1%

$55,167-57.8%

Participation rate

66.5%

65.8%+0.7pp

84.0%-17.5pp

69.0%-2.5pp

Annual return

9.44%

17.72%-8.3pp

32.23%-22.8pp

169.23%-159.8pp

Employer contribution / active EE

$2,105-100.0%

$5,501-100.0%

$1,963-100.0%

Participant deferral / active EE

$1,544

$2,204-29.9%

$4,871-68.3%

$3,054-49.4%

Admin fee / account holder

$289

$418-30.9%

$13,028-97.8%

$504-42.6%

Provider

Service type

Compensation

FIRST MERCANTILE TRUST COMPANY2+ years

Service code 17 · EIN 62-1549435

57 GERMANTOWN COURT · CORDOVA, TN 38018

Pension Consulting

$26,713

BAM ADVISOR SERVICES2+ years

Filed as: BAM ADVISOR SERVICES, LLC

Service code 27 · EIN 20-8307105

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

Advisory (Plan)

$18,253

JEWISH FAMILY SERVICE 403B TAX DEFERRED ANNUITY PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JEWISH FAMILY SERVICE 403B TAX DEFERRED ANNUITY 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