Retirement plan

ADDISON-PENZAK JEWISH COMMUNITY CENTER OF SILICON VALLEY 403B PLAN

Name: ADDISON-PENZAK JEWISH COMMUNITY CENTER OF SILICON VALLEY - ADDISON-PENZAK JEWISH COMMUNITY CENTER OF SILICON VALLEY 403B PLAN (2016) Form 5500
Creator: ADDISON-PENZAK JEWISH COMMUNITY CENTER OF SILICON VALLEY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ADDISON-PENZAK JEWISH COMMUNITY CENTER OF SILICON VALLEY 403B PLAN, ADDISON-PENZAK JEWISH COMMUNITY CENTER OF SILICON VALLEY

ADDISON-PENZAK JEWISH COMMUNITY CENTER OF SILICON VALLEYEIN 94-2222989Plan #001PY 2016

14855 OKA ROAD SUITE 201 - LOS GATOS, CA 95032408-357-7435jvalley.orgLinkedIn201-500 employeesnon-profit organization management

Prospect flagsHigh feesLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$1.9M

+3.6% from 2015

Total participants

+6.0% from 2015

Average account balance

$49,756

+6.3% from 2015

Annual return

8.44%

+9.48 pp from 2015

Benchmarks

See 7,815 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort7,815 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.28M

Not enough data

1 years with asset history on file

Average account balance

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

$52K

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.

24.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$315K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+19.13%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2657

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 codes2F2G2L2T

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.
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$320K

$4046 / participant

Other / not subdivided$320K100.0%

% of EOY assets

16.473%

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

$49,756

$48,078+3.5%

$78,676-36.8%

$62,881-20.9%

Participation rate

38.0%

65.2%-27.2pp

73.6%-35.6pp

69.3%-31.3pp

Annual return

8.44%

31.36%-22.9pp

62.19%-53.7pp

20.14%-11.7pp

Employer contribution / active EE

$742

$2,015-63.2%

$2,850-74.0%

$2,281-67.5%

Participant deferral / active EE

$2,154

$2,587-16.7%

$3,517-38.8%

$3,203-32.8%

Admin fee / account holder

$8,196

$3,206+155.7%

$4,510+81.7%

$4,296+90.8%

ADDISON-PENZAK JEWISH COMMUNITY CENTER OF SILICON VALLEY 403B PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ADDISON-PENZAK JEWISH COMMUNITY CENTER OF SILICON VALLEY 403B 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