Retirement plan

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

Name: JUNIOR ACHIEVEMENT ROCKY MOUNTAIN, INC. - JUNIOR ACHIEVEMENT ROCKY MOUNTAIN, INC. 403(B) PLAN (2023) 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 2023

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)

$4.5M

+18.3% from 2022

Total participants

+4.0% from 2022

Average account balance

$94,941

+15.7% from 2022

Annual return

14.93%

+32.82 pp from 2022

Benchmarks

See 9,811 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort9,811 peers

Snapshot2023

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

$81K

$2903 / participant

Other / not subdivided$81K100.0%

% of EOY assets

1.822%

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

$94,941

$57,305+65.7%

$86,640+9.6%

$75,173+26.3%

Participation rate

82.1%

63.2%+18.9pp

71.7%+10.4pp

67.2%+14.9pp

Annual return

14.93%

2674.24%-2659.3pp

592.52%-577.6pp

160.72%-145.8pp

Employer contribution / active EE

$2,760

$2,316+19.2%

$3,024-8.7%

$2,671+3.3%

Participant deferral / active EE

$4,620

$3,320+39.2%

$4,438+4.1%

$4,126+12.0%

Admin fee / account holder

$1,729

$4,116-58.0%

$5,616-69.2%

$5,651-69.4%

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