Retirement plan

403(B) THRIFT PLAN OF FERD AND GLADYS ALPERT JEWISH FAMILY CHILDREN S SERVICE OF PALM BEAC

Name: FERD AND GLADYS ALPERT JEWISH FAMILY CHILDREN S SERVICE OF PALM BEAC - 403(B) THRIFT PLAN OF FERD AND GLADYS ALPERT JEWISH FAMILY CHILDREN S SERVICE OF PALM BEAC (2020) Form 5500
Creator: FERD AND GLADYS ALPERT JEWISH FAMILY CHILDREN S SERVICE OF PALM BEAC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF FERD AND GLADYS ALPERT JEWISH FAMILY CHILDREN S SERVICE OF PALM BEAC, FERD AND GLADYS ALPERT JEWISH FAMILY CHILDREN S SERVICE OF PALM BEAC

FERD AND GLADYS ALPERT JEWISH FAMILY CHILDREN S SERVICE OF PALM BEACEIN 59-1520581Plan #002PY 2020

5841 CORPORATE WAY - WEST PALM BEACH, FL 334072039561-684-1991LinkedIn201-500 employeesmedical practice

Prospect flagsLow employer contribution

How to read this page

Total assets (EOY)

$7.3M

+3.7% from 2019

Total participants

187

+8.1% from 2019

Average account balance

$41,157

-5.1% from 2019

Annual return

11.28%

-8.12 pp from 2019

Benchmarks

See 1,687 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,687 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.31M

Not enough data

1 years with asset history on file

Average account balance

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

$39K

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.

215

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.

87.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$308K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+30.05%

Not enough data

1 years with return on file

Admin fee / account holder

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

$11

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 1 by compensation

Provider	Service type	Compensation
MUTUAL OF AMERICA INVESTMENT CORP2 years Service code 12 320 PARK AVENUE · NEW YORK, NY 10022	Recordkeeping and information managem...	$743

Plan features & details

Pension benefit codes2F2G2S2T

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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 employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$250

$2 / participant

Other / not subdivided$250100.0%

% of EOY assets

0.003%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BDO USA LLP
Auditor EIN: 135381590
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$41,157

$66,124-37.8%

$90,461-54.5%

$73,497-44.0%

Participation rate

93.5%

69.7%+23.9pp

72.7%+20.9pp

70.7%+22.9pp

Annual return

11.28%

17.65%-6.4pp

1294.76%-1283.5pp

28.51%-17.2pp

Employer contribution / active EE

$2,346-100.0%

$3,264-100.0%

$2,270-100.0%

Participant deferral / active EE

$1,488

$3,039-51.0%

$3,964-62.5%

$3,740-60.2%

Admin fee / account holder

$396-99.6%

$5,617-100.0%

$513-99.7%

Provider

Service type

Compensation

MUTUAL OF AMERICA INVESTMENT CORP2 years

Service code 12

320 PARK AVENUE · NEW YORK, NY 10022

Recordkeeping and information managem...

$743

403(B) THRIFT PLAN OF FERD AND GLADYS ALPERT JEWISH FAMILY CHILDREN S SERVICE OF PALM BEAC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF FERD AND GLADYS ALPERT JEWISH FAMILY CHILDREN S SERVICE OF PALM BEAC

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