Filed January 8, 2024 (most recent of 3 filings on file)
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 8-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $498,138 |
BLUMSHAPIRO3 years Service code 10 · EIN 06-1009205 | Accounting | $16,500 |
THE PFE GROUP5 years Service code 16 · EIN 71-1036677 | Consulting | $11,936 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported that benefits due were not provided when due.
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 | $17,588 | $49,890-64.7% | $104,656-83.2% | $106,273-83.5% |
| Participation rate | 42.3% | 45.0%-2.7pp | 74.1%-31.8pp | 70.8%-28.5pp |
| Annual return | 17.38% | 18.07%-0.7pp | 340.70%-323.3pp | 21.70%-4.3pp |
| Employer contribution / active EE | $282 | $809-65.2% | $2,682-89.5% | $2,722-89.6% |
| Participant deferral / active EE | $795 | $1,699-53.2% | $3,738-78.7% | $4,601-82.7% |
| Admin fee / account holder | $46 | $56-18.5% | $6,466-99.3% | $78-41.5% |