Filed May 19, 2024
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| Provider | Service type | Compensation |
|---|---|---|
GYL FINANCIAL SYNERGIES4 years Service code 26 55 POST ROAD WEST, SUITE 300 · WESTPORT, CT 06880 | Advisory (Participants) | $18,705 |
PASI, LLC1 year Service code 13 10 TALCOTT NOTCH RD STE 200 · FARMINGTON, CT 06032 | Contract Administrator | $6,034 |
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $55,085 | $51,207+7.6% | $70,565-21.9% | $71,529-23.0% |
| Participation rate | 100.0% | 59.4%+40.6pp | 68.4%+31.6pp | 67.9%+32.1pp |
| Annual return | 19.29% | 42.71%-23.4pp | 32.79%-13.5pp | 28.97%-9.7pp |
| Employer contribution / active EE | $3,151 | $1,795+75.5% | $2,976+5.9% | $2,590+21.7% |
| Participant deferral / active EE | $7,375 | $3,033+143.2% | $4,568+61.4% | $4,291+71.9% |
| Admin fee / account holder | $130 | $2,002-93.5% | $6,430-98.0% | $1,588-91.8% |