Filed June 30, 2022
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| Provider | Service type | Compensation |
|---|---|---|
CETERA ADVISOR NETWORKS LLC1+ years Filed as: CETERA ADVISOR NETWORKS Service code 55 · EIN 06-1375177 | Other Commissions | $15 |
EPIC RETIREMENT PLAN SERVICES1+ years Filed as: FREEMAN RETIREMENT PLAN CONSULTING Service code 49 · EIN 27-0212300 | Other Services | $0 |
Filed as: VOYA RETIREMENT AND ANNUITY CO Service code 26 · EIN 71-0294708 | Advisory (Participants) | $0 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $27,285 | $68,413-60.1% | $123,105-77.8% | $55,191-50.6% |
| Participation rate | 91.6% | 84.5%+7.1pp | 86.8%+4.9pp | 69.2%+22.5pp |
| Annual return | 0.55% | 6.30%-5.7pp | 13.22%-12.7pp | 10.78%-10.2pp |
| Employer contribution / active EE | $2,160 | $3,050-29.2% | $5,151-58.1% | $1,899+13.8% |
| Participant deferral / active EE | $4,242 | $4,490-5.5% | $6,229-31.9% | $3,046+39.2% |
| Admin fee / account holder | $3 | $88-96.4% | $9,014-100.0% | $91-96.5% |