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 | $85,515-31.0% | $112,040-47.4% | $67,986-13.3% |
| Participation rate | 88.7% | 68.2%+20.5pp | 76.5%+12.2pp | 57.2%+31.5pp |
| Annual return | 24.21% | 29.68%-5.5pp | 24.52%-0.3pp | 31.67%-7.5pp |
| Employer contribution / active EE | $789 | $2,191-64.0% | $2,954-73.3% | $2,019-60.9% |
| Participant deferral / active EE | $7,820 | $4,014+94.8% | $5,098+53.4% | $3,358+132.9% |
| Admin fee / account holder | $312 | $3,774-91.7% | $12,098-97.4% | $3,203-90.2% |