Retirement plan

403(B) THRIFT PLAN FOR TEACHERS FRINGE BENEFIT PRO

Name: CTR FOR ADV OF JEWISH EDUCATION, IN - 403(B) THRIFT PLAN FOR TEACHERS FRINGE BENEFIT PRO (2018) Form 5500
Creator: CTR FOR ADV OF JEWISH EDUCATION, IN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN FOR TEACHERS FRINGE BENEFIT PRO, CTR FOR ADV OF JEWISH EDUCATION, IN

CTR FOR ADV OF JEWISH EDUCATION, INEIN 59-0624373Plan #001PY 2018

4200 BISCAYNE BLVD. - MIAMI, FL 33137305-576-4000LinkedIn11-50 employees

Other plans on this EIN

1 filing

#002Retirement-$1.2M assets

Prospect flagsLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$40.5M

-1.1% from 2017

Total participants

1,009

+92.6% from 2017

Average account balance

$77,495

-1.7% from 2017

Annual return

-0.62%

-11.48 pp from 2017

Benchmarks

See 845 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants250-999

Cohort845 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$56.41M

Not enough data

1 years with asset history on file

Average account balance

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

$111K

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.

508

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.

96.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.65M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+12.49%

Not enough data

1 years with return on file

Admin fee / account holder

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

$292

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 10 of 11 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.3 years Service code 52 · EIN 04-1590850	Indirect Investment Fees	$118,194
KESTRA INVESTMENT SERVICES LLC2 years Filed as: KESTRA ADVISORY SERVICES LLC Service code 27 · EIN 35-2552359	Advisory (Plan)	$64,779
AB FUNDS2 years Service code 52 · EIN 13-4071393	Indirect Investment Fees	$0
AMERICAN REALTY ADVISORS2 years Filed as: AMERICAN BEACON Service code 52 · EIN 75-2401150	Indirect Investment Fees	$0
AMERICAN CENTURY2 years Service code 52 · EIN 43-1646043	Indirect Investment Fees	$0
AMERICAN FUNDS2 years Service code 52 · EIN 95-1411037	Indirect Investment Fees	$0
CALVERT2 years Service code 52 · EIN 52-1233223	Indirect Investment Fees	$0
MORGAN STANLEY SMITH BARNEY2 years Filed as: JP MORGAN Service code 52 · EIN 33-1043149	Indirect Investment Fees	$0
PGIM INVESTMENTS2 years Service code 52 · EIN 22-3468527	Indirect Investment Fees	$0
THE VANGUARD GROUP, INC.2 years Filed as: VANGUARD Service code 52 · EIN 23-1999755	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2M2L2F2G2T

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.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$121K

$142 / participant

Investment mgmt$121K100.0%

% of EOY assets

0.300%

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: MORRISON, BROWN, ARGIZ & FARRA, LLC
Auditor EIN: 010720052
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$77,495

$43,999+76.1%

$79,476-2.5%

$55,725+39.1%

Participation rate

43.2%

66.9%-23.8pp

73.3%-30.2pp

70.9%-27.7pp

Annual return

-0.62%

1.81%-2.4pp

718.21%-718.8pp

244.93%-245.5pp

Employer contribution / active EE

$816

$1,830-55.4%

$2,800-70.9%

$2,078-60.8%

Participant deferral / active EE

$1,657

$2,538-34.7%

$3,704-55.3%

$3,356-50.6%

Admin fee / account holder

$232

$118+97.5%

$5,113-95.5%

$115+101.6%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.3 years

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$118,194

KESTRA INVESTMENT SERVICES LLC2 years

Filed as: KESTRA ADVISORY SERVICES LLC

Service code 27 · EIN 35-2552359

Advisory (Plan)

$64,779

AB FUNDS2 years

Service code 52 · EIN 13-4071393

Indirect Investment Fees

AMERICAN REALTY ADVISORS2 years

Filed as: AMERICAN BEACON

Service code 52 · EIN 75-2401150

Indirect Investment Fees

AMERICAN CENTURY2 years

Service code 52 · EIN 43-1646043

Indirect Investment Fees

AMERICAN FUNDS2 years

Service code 52 · EIN 95-1411037

Indirect Investment Fees

CALVERT2 years

Service code 52 · EIN 52-1233223

Indirect Investment Fees

MORGAN STANLEY SMITH BARNEY2 years

Filed as: JP MORGAN

Service code 52 · EIN 33-1043149

Indirect Investment Fees

PGIM INVESTMENTS2 years

Service code 52 · EIN 22-3468527

Indirect Investment Fees

THE VANGUARD GROUP, INC.2 years

Filed as: VANGUARD

Service code 52 · EIN 23-1999755

Indirect Investment Fees

403(B) THRIFT PLAN FOR TEACHERS FRINGE BENEFIT PRO

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN FOR TEACHERS FRINGE BENEFIT PRO

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