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 (2020) 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 2020

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

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$5.8M

+5.7% from 2019

Total participants

206

-7.2% from 2019

Average account balance

$35,804

+4.4% from 2019

Annual return

6.36%

-11.15 pp from 2019

Benchmarks

See 5,415 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,415 peers

Snapshot2020

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

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
BAM ADVISOR SERVICES6+ years Filed as: BAM ADVISOR SERVICES, LLC Service code 27 · EIN 20-8307105 8182 MARYLAND AVENUE, SUITE 500 · ST. LOUIS, MO 63105	Advisory (Plan)	$24,049
ALERUS FINANCIAL, N.A.4 years Filed as: ALERUS FINANCIAL Service code 15 · EIN 45-6062081 2300 S. COLUMBIA ROAD · GRAND FORKS, ND 58201	Recordkeeping	$11,631

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

1 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$37K

$247 / participant

Investment mgmt$33K91.0%
Contract admin$1000.3%
Other / not subdivided$3K8.8%

% of EOY assets

0.627%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$35,804

$58,888-39.2%

$178,499-79.9%

$73,493-51.3%

Participation rate

70.9%

66.2%+4.7pp

81.9%-11.0pp

70.7%+0.3pp

Annual return

6.36%

24.86%-18.5pp

151.10%-144.7pp

28.51%-22.2pp

Employer contribution / active EE

$382

$2,236-82.9%

$5,011-92.4%

$2,270-83.2%

Participant deferral / active EE

$1,830

$2,568-28.8%

$5,202-64.8%

$3,740-51.1%

Admin fee / account holder

$225

$400-43.9%

$13,986-98.4%

$513-56.2%

Provider

Service type

Compensation

BAM ADVISOR SERVICES6+ years

Filed as: BAM ADVISOR SERVICES, LLC

Service code 27 · EIN 20-8307105

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

Advisory (Plan)

$24,049

ALERUS FINANCIAL, N.A.4 years

Filed as: ALERUS FINANCIAL

Service code 15 · EIN 45-6062081

2300 S. COLUMBIA ROAD · GRAND FORKS, ND 58201

Recordkeeping

$11,631

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