Retirement plan

403(B)THRIFT PLAN OF JOBS FOR NEVADA'S GRADUATES, INC.

Name: JOBS FOR NEVADA'S GRADUATES, INC. - 403(B)THRIFT PLAN OF JOBS FOR NEVADA'S GRADUATES, INC. (2024) Form 5500
Creator: JOBS FOR NEVADA'S GRADUATES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B)THRIFT PLAN OF JOBS FOR NEVADA'S GRADUATES, INC., JOBS FOR NEVADA'S GRADUATES, INC.

JOBS FOR NEVADA'S GRADUATES, INC.EIN 80-0965597Plan #001PY 2024

6375 W CHARLESTON BLVD BLDG L-16 - LAS VEGAS, NV 891461139725-235-3670j4ng.orgLinkedIn51-200 employeeseducation management

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$1.1M

+34.4% from 2023

Total participants

115

-0.9% from 2023

Average account balance

$10,817

+36.9% from 2023

Annual return

13.63%

-4.81 pp from 2023

Benchmarks

See 21,729 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort21,729 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.15M

Not enough data

1 years with asset history on file

Average account balance

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

$11K

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.

106

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.

129.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$306K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+13.63%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1235

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

0 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 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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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

$131K

$1597 / participant

Other / not subdivided$131K100.0%

% of EOY assets

11.419%

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

$10,817

$81,276-86.7%

$155,574-93.0%

$80,925-86.6%

Participation rate

89.0%

66.2%+22.8pp

78.2%+10.8pp

67.7%+21.4pp

Annual return

13.63%

33.36%-19.7pp

64.87%-51.2pp

35.65%-22.0pp

Employer contribution / active EE

$2,060

$3,103-33.6%

$4,676-55.9%

$2,756-25.3%

Participant deferral / active EE

$1,676

$3,453-51.5%

$5,629-70.2%

$4,299-61.0%

Admin fee / account holder

$1,235

$7,993-84.5%

$15,914-92.2%

$6,940-82.2%

403(B)THRIFT PLAN OF JOBS FOR NEVADA'S GRADUATES, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B)THRIFT PLAN OF JOBS FOR NEVADA'S GRADUATES, INC.

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