The Associated Jewish Community Federation of Baltimore 401(k) Review & Grade
The Associated Jewish Community Federation of Baltimore 401(k) Thrift Plan
Baltimore, MDOther Services678 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$2,308Employer $ per active participant
$4,736Employee $ saved per active participant
0.23%Direct admin cost, % of plan assets
$63.3MNet plan assets, end of year
$59,004Average balance per account
Score breakdown
- Employer generosity37.0 / 5074th percentile for employer $ per participant
- Low cost12.6 / 2550th percentile for low admin cost vs. same-size plans
- Employee saving10.8 / 1572th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score67 / 100 · Grade B
This plan vs. peers
Peers: Other Services plans with 500–2,499 active participants (333 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 74th |
| Lower admin cost | 50th |
| Employee saving | 72th |
| Peers that auto-enroll | 40% |
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Red flags from the filing
Corrective distributions: the plan refunded $19 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Associated Jewish Community Federation of Baltimore put in about $2,308 per active participant, more than the typical peer ($1,257). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $1,563,578 |
| Participant (employee) contributions | $3,208,332 |
| Other contributions (incl. rollovers in) | $262,851 |
| Administrative expenses paid from the plan | $136,794 |
| Investment advisory & management fees | $32,912 |
| Benefits paid out | $6,759,414 |
| Net assets, start / end of year | $57.6M / $63.3M |
| Active participants, start / end of year | 676 / 679 |
| Participants with account balances | 1,072 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Ellin & Tucker, Chartered |
Largest service providers (Schedule C)
| Transamerica Retirement Solutions | $85,382 reported compensation |
| Bolton Partners | $32,912 reported compensation |
| Ellin & Tucker, Charted | $18,500 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250819092055NAL0003538416001, received 2025-08-19, EIN 52-0607957, plan #334, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.