Retirement plan

JUNIOR ACHIEVEMENT ROCKY MOUNTAIN, INC. 403(B) PLAN

Name: JUNIOR ACHIEVEMENT ROCKY MOUNTAIN, INC. - JUNIOR ACHIEVEMENT ROCKY MOUNTAIN, INC. 403(B) PLAN (2021) Form 5500
Creator: JUNIOR ACHIEVEMENT ROCKY MOUNTAIN, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JUNIOR ACHIEVEMENT ROCKY MOUNTAIN, INC. 403(B) PLAN, JUNIOR ACHIEVEMENT ROCKY MOUNTAIN, INC.

JUNIOR ACHIEVEMENT ROCKY MOUNTAIN, INC.EIN 84-0430495Plan #001PY 2021

1445 MARKET, SUITE 200 - DENVER, CO 80202303-534-5252jarockymountain.orgLinkedIn11-50 employeesnon-profit organization management

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$4.6M

+36.3% from 2020

Total participants

-25.8% from 2020

Average account balance

$104,226

+89.0% from 2020

Annual return

36.72%

+30.76 pp from 2020

Benchmarks

See 37,642 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort37,642 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.01M

Not enough data

1 years with asset history on file

Average account balance

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

$123K

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.

153.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$305K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+11.89%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2936

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 codes2M2F2G2S2T

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.
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.

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

$162K

$8504 / participant

Other / not subdivided$162K100.0%

% of EOY assets

3.523%

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

$104,226

$109,863-5.1%

$98,477+5.8%

$167,518-37.8%

Participation rate

89.5%

75.8%+13.6pp

73.3%+16.1pp

82.1%+7.4pp

Annual return

36.72%

1958.09%-1921.4pp

1493.59%-1456.9pp

478.71%-442.0pp

Employer contribution / active EE

$1,470

$3,225-54.4%

$2,961-50.4%

$4,838-69.6%

Participant deferral / active EE

$6,136

$4,673+31.3%

$4,276+43.5%

$6,342-3.3%

Admin fee / account holder

$3,672

$6,755-45.6%

$5,951-38.3%

$12,312-70.2%

JUNIOR ACHIEVEMENT ROCKY MOUNTAIN, INC. 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JUNIOR ACHIEVEMENT ROCKY MOUNTAIN, INC. 403(B) 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