Filed December 16, 2022
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| Provider | Service type | Compensation |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $54,980 |
EQUITABLE ADVISORS LLC6 years Service code 27 · EIN 13-4078005 | Advisory (Plan) | $10,607 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $58,967 | $79,867-26.2% | $120,344-51.0% | $64,340-8.3% |
| Participation rate | 88.7% | 63.0%+25.8pp | 76.7%+12.0pp | 55.2%+33.5pp |
| Annual return | 24.21% | 21.10%+3.1pp | 20.30%+3.9pp | 24.14%+0.1pp |
| Employer contribution / active EE | $789 | $1,925-59.0% | $3,020-73.9% | $1,862-57.6% |
| Participant deferral / active EE | $7,820 | $3,593+117.6% | $5,135+52.3% | $2,980+162.4% |
| Admin fee / account holder | $312 | $5,039-93.8% | $12,742-97.5% | $3,703-91.6% |