Filed January 4, 2021 (most recent of 2 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 01-0233346 | Recordkeeping | $404 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $29,345 | $37,117-20.9% | $147,617-80.1% | $55,191-46.8% |
| Participation rate | 60.7% | 63.6%-2.9pp | 84.6%-23.9pp | 69.2%-8.5pp |
| Annual return | -0.91% | 3.44%-4.4pp | 61.98%-62.9pp | 10.78%-11.7pp |
| Employer contribution / active EE | $449 | $1,620-72.3% | $5,564-91.9% | $1,899-76.3% |
| Participant deferral / active EE | $1,638 | $1,985-17.5% | $4,895-66.5% | $3,046-46.2% |
| Admin fee / account holder | $17 | $86-80.4% | $11,612-99.9% | $91-81.5% |