Retirement plan

JEWISH FAMILY SERVICE OF DALLAS 403(B) SAVINGS PLAN

Name: JEWISH FAMILY SERVICE OF DALLAS, INC. - JEWISH FAMILY SERVICE OF DALLAS 403(B) SAVINGS PLAN (2020) Form 5500
Creator: JEWISH FAMILY SERVICE OF DALLAS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JEWISH FAMILY SERVICE OF DALLAS 403(B) SAVINGS PLAN, JEWISH FAMILY SERVICE OF DALLAS, INC.

JEWISH FAMILY SERVICE OF DALLAS, INC.EIN 75-1992728Plan #003PY 2020

5402 ARAPAHO RD - DALLAS, TX 752486905972-437-9950jfsdallas.orgLinkedIn51-200 employeesnon-profit organization management

Prospect flagsHigh feesRecently reached 100 employees

How to read this page

Total assets (EOY)

$4.3M

+23.7% from 2019

Total participants

115

+5.5% from 2019

Average account balance

$42,086

+13.9% from 2019

Annual return

15.53%

-18.44 pp from 2019

Benchmarks

See 8,767 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort8,767 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.41M

Not enough data

1 years with asset history on file

Average account balance

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

$65K

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.

83.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$533K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+12.36%

Not enough data

1 years with return on file

Admin fee / account holder

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

$76

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2F2G2L2M2S2T3D

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.
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.
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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$141K

$1436 / participant

Other / not subdivided$141K100.0%

% of EOY assets

3.310%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$42,086

$60,139-30.0%

$90,461-53.5%

$79,856-47.3%

Participation rate

85.7%

65.0%+20.7pp

72.7%+13.0pp

69.6%+16.1pp

Annual return

15.53%

71.96%-56.4pp

1294.76%-1279.2pp

31.71%-16.2pp

Employer contribution / active EE

$739

$2,069-64.3%

$3,264-77.3%

$2,471-70.1%

Participant deferral / active EE

$3,472

$2,939+18.1%

$3,964-12.4%

$3,741-7.2%

Admin fee / account holder

$1,393

$3,978-65.0%

$5,617-75.2%

$5,306-73.7%

JEWISH FAMILY SERVICE OF DALLAS 403(B) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JEWISH FAMILY SERVICE OF DALLAS 403(B) SAVINGS 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