Filed July 18, 2024
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| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $51,085 |
FEDERATED1 year Filed as: FEDERATED SECURITIES, INC. Service code 49 · EIN 22-1901152 | Other Services | $6,463 |
MORNINGSTAR2 years Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
Annual investment return is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $66,007 | $62,686+5.3% | $178,540-63.0% | $77,736-15.1% |
| Participation rate | 81.0% | 66.9%+14.1pp | 77.1%+3.9pp | 70.6%+10.4pp |
| Annual return | 11.48% | 16.16%-4.7pp | 27.15%-15.7pp | 31.26%-19.8pp |
| Employer contribution / active EE | $2,478 | $1,914+29.5% | $3,953-37.3% | $2,728-9.2% |
| Participant deferral / active EE | $4,006 | $4,224-5.2% | $6,281-36.2% | $4,651-13.9% |
| Admin fee / account holder | $210 | $386-45.6% | $10,424-98.0% | $433-51.5% |