Filed March 22, 2024
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| Provider | Service type | Compensation |
|---|---|---|
T ROWE PRICE RPS INC1+ years Service code 15 100 EAST PRATT STREET · BALTIMORE, MD 21202 | Recordkeeping | $38,114 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $67,563 | $82,422-18.0% | $67,652-0.1% | $67,505+0.1% |
| Participation rate | 65.6% | 84.2%-18.5pp | 75.7%-10.0pp | 71.2%-5.6pp |
| Annual return | 2.11% | 12.72%-10.6pp | 6625.40%-6623.3pp | 6.52%-4.4pp |
| Employer contribution / active EE | $1,082 | $2,879-62.4% | $2,266-52.3% | $2,173-50.2% |
| Participant deferral / active EE | $3,181 | $5,020-36.6% | $3,560-10.6% | $3,597-11.6% |
| Admin fee / account holder | $8 | $53-84.1% | $4,821-99.8% | $56-84.9% |