Filed March 9, 2020
| Provider | Service type | Compensation |
|---|---|---|
EAGLE POINT3 years Service code 28 · EIN 98-1082344 | Investment Management | $1,786,000 |
MERCER5+ years Filed as: MERCER INVESTMENT MANAGEMENT Service code 15 · EIN 20-0193209 | Recordkeeping | $1,624,000 |
ALIGHT SOLUTIONS LLC4 years Filed as: ALIGHT SOLUTIONS, LLC Service code 15 · EIN 82-1061233 | Recordkeeping | $333,000 |
AGILIS PARTNERS LLC1 year Service code 17 · EIN 04-3513306 | Pension Consulting | $187,000 |
STATE STREET GLOBAL ADVISORS5+ years Filed as: STATE STREET BANK & TRUST COMPANY Service code 25 · EIN 04-1867445 | Directed Trustee | $95,000 |
COHNREZNICK LLP5+ years Service code 10 · EIN 22-1478099 | Accounting | $40,000 |
Filed as: OCTOBER THREE Service code 11 · EIN 27-1175487 | Actuarial | $15,000 |
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $0 | $215,870-100.0% | $454,052-100.0% | $82,186-100.0% |
| Participation rate | 0.0% | 4.2%-4.2pp | 18.4%-18.4pp | 3.6%-3.6pp |
| Annual return | 6.87% | 11.11%-4.2pp | 8.95%-2.1pp | 11.84%-5.0pp |
| Employer contribution / active EE | $0 | $19,861-100.0% | $46,559-100.0% | $17,339-100.0% |
| Participant deferral / active EE | $0 | $1,543-100.0% | $131-100.0% | $683-100.0% |
| Admin fee / account holder | $0 | $354-100.0% | $19,831-100.0% | $409-100.0% |