Retirement plan

SJB CHILD DEVELOPMENT CENTERS 403(B) PLAN

Name: SJB CHILD DEVELOPMENT CENTERS - SJB CHILD DEVELOPMENT CENTERS 403(B) PLAN (2017) Form 5500
Creator: SJB CHILD DEVELOPMENT CENTERS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SJB CHILD DEVELOPMENT CENTERS 403(B) PLAN, SJB CHILD DEVELOPMENT CENTERS

SJB CHILD DEVELOPMENT CENTERSEIN 94-1747079Plan #001PY 2017

1400 PARKMOOR AVE, SUITE 220 - SAN JOSE, CA 95126408-414-2700sjbcdc.orgLinkedIn201-500 employeesindividual & family services

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$1.3M

+18.2% from 2016

Total participants

143

+10.9% from 2016

Average account balance

$15,882

+22.7% from 2016

Annual return

12.92%

+8.49 pp from 2016

Benchmarks

See 5,167 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,167 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.25M

Not enough data

1 years with asset history on file

Average account balance

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

$30K

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.

175

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.

57.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$955K

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

+15.31%

Not enough data

1 years with return on file

Admin fee / account holder

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

$109

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
AMERITAS LIFE INSURANCE CORP3+ years Filed as: AMERITAS LIFE INSURANCE CORP. Service code 15 · EIN 47-0098400	Recordkeeping	$0

Plan features & details

Pension benefit codes2E2F2G2J2L2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: JWT & ASSOCIATES, LLP
Auditor EIN: 472718509
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$15,882

$55,453-71.4%

$170,435-90.7%

$62,293-74.5%

Participation rate

40.2%

66.4%-26.2pp

83.6%-43.4pp

69.5%-29.3pp

Annual return

12.92%

21.38%-8.5pp

205.94%-193.0pp

28.90%-16.0pp

Employer contribution / active EE

$401

$2,164-81.5%

$5,432-92.6%

$2,042-80.4%

Participant deferral / active EE

$906

$2,303-60.7%

$4,939-81.7%

$3,169-71.4%

Admin fee / account holder

$455-100.0%

$13,881-100.0%

$479-100.0%

Provider

Service type

Compensation

AMERITAS LIFE INSURANCE CORP3+ years

Filed as: AMERITAS LIFE INSURANCE CORP.

Service code 15 · EIN 47-0098400

Recordkeeping

SJB CHILD DEVELOPMENT CENTERS 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

SJB CHILD DEVELOPMENT CENTERS 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion