Filed September 14, 2020
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 9-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: NORTHSTAR ASSET MANAGEMENT, LLC Service code 72 · EIN 20-0937408 19 MISTY LANE · ANDOVER, NJ 07821 | Other investment fees and expenses | $21,790 |
TD AMERITRADE, INC.1 year Filed as: TD AMERITRADE TRUST COMPANY Service code 13 · EIN 20-0937408 | Contract Administrator | $7,069 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $53,726 | $99,957-46.3% | $149,745-64.1% | $73,497-26.9% |
| Participation rate | 67.5% | 75.7%-8.2pp | 82.5%-15.0pp | 70.7%-3.2pp |
| Annual return | 23.10% | 53.87%-30.8pp | 276.72%-253.6pp | 28.51%-5.4pp |
| Employer contribution / active EE | $2,584 | $3,191-19.0% | $4,646-44.4% | $2,270+13.8% |
| Participant deferral / active EE | $4,331 | $6,073-28.7% | $6,843-36.7% | $3,740+15.8% |
| Admin fee / account holder | $317 | $551-42.4% | $9,312-96.6% | $513-38.2% |