Filed October 6, 2016
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: CAPFINANCIAL PARTNERS, LLC. Service code 27 P.O. BOX 600071 · RALEIGH, NC 276756071 | Advisory (Plan) | $87,010 |
STRATEGIC ADVISORS, INC.1 year Service code 27 · EIN 04-2654524 | Advisory (Plan) | $17,566 |
Service code 37 · EIN 04-2647786 | Loan Processing | $6,177 |
Form 5500 reported that benefits due were not provided when due.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $71,331 | $105,173-32.2% | $87,102-18.1% | $77,775-8.3% |
| Participation rate | 97.2% | 85.8%+11.4pp | 76.9%+20.3pp | 73.2%+24.0pp |
| Annual return | 28.25% | 24.52%+3.7pp | 28.19%+0.1pp | 32.58%-4.3pp |
| Employer contribution / active EE | $3,622 | $2,890+25.3% | $2,521+43.7% | $2,504+44.7% |
| Participant deferral / active EE | $7,762 | $5,048+53.8% | $4,048+91.7% | $3,966+95.7% |
| Admin fee / account holder | $22 | $105-78.8% | $7,493-99.7% | $100-77.9% |